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December 19, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Bozeman, Business Loans > First Security Bank Bozeman Business Loans > Musical Instrument Manufacturing Loan | ||||
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Banks for Belgrade, Montana Entrepreneurs
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Belgrade, Montana Entrepreneur Gets an SBA LoanMontanaBusiness loans are available to Montana business owners through the SBA. In this case, a Montana bank provides the loan. By giving the right information to First Security Bank, this Belgrade, Montana business was able to get an SBA loan. To get this loan, the business owner gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: MUSICAL INSTRUMENT MANUFACTURING SBA Loan Lender FIRST SECURITY BANK This SBA loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending track record and a thorough understanding of SBA lending rules and regulations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 339992 - Musical Instrument Manufacturing Loan Approval Date 6/19/2003 Loan Approval Gross Amount $183,400 Loan Approval from the SBA Of the total $183,400 loan amount, the SBA guaranteed $137,550. 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 26 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $183,400 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Family and Friend Investors - Your First Financiers Good Banks for Small Business in Bozeman, Montana Where to Get an SBA Loan Montana
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