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November 15, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Manhattan, Business Loans > Manhattan Bank Manhattan Business Loans > Engineering Services Loan | ||||
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Manhattan Bank Business Loans
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Business Loan from Manhattan Bank Given to Engineering Services CompanyManhattan Bank has a track record as a leading provider of SBA loans. Find out how this Montana entrepreneur received an SBA loan from them. This small firm knew how to go about getting a business bank loan. Based in Belgrade, Montana, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Manhattan Bank, based in Manhattan, Montana. SBA Loan Borrower COMPANY TYPE: ENGINEERING SERVICES SBA Loan Lender MANHATTAN BANK This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8711 - Engineering Services NAICS Code 541330 - Engineering Services Loan Approval Date 9/19/2000 Loan Approval Gross Amount $440,000 Loan Approval from the SBA Of the total $440,000 loan amount, the SBA guaranteed $330,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 60 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Manhattan Bank and they will explain how you can get an SBA loan for your company. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: SBA Approved Banks in Manhattan, Montana
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