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November 15, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Bozeman, Business Loans > Wells Fargo Bank Bozeman Business Loans > Mining Machinery And Equipment Manufacturing Loan | ||||
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Wells Fargo Bank
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Business Loan from Wells Fargo Bank Given to Mining Machinery And Equipment Manufacturing CompanyWells Fargo Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Montana entrepreneur was able to get a loan to take a small business to the next level. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Belgrade, Montana was able to borrow $333,330 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $299,997 of this Montana small business loan. SBA Loan Borrower COMPANY TYPE: MINING MACHINERY AND EQUIPMENT MANUFACTURING SBA Loan Lender WELLS FARGO BANK When this loan was made, this bank participated in the SBA's Certified Lenders Program (CLP). This program aims to ensure rapid service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 333131 - Mining Machinery and Equipment Manufacturing Loan Approval Date 2/7/2006 Loan Approval Gross Amount $333,330 Loan Approval from the SBA Of the total $333,330 loan amount, the SBA guaranteed $299,997. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 28 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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 7A Banks for Bozeman, Montana Loans
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