Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Small Business Banks in Montana

 

 
Loan Census SBA Loan Info

Where to Get Capital for Residential Remodelers

Looking for SBA loans for residential remodelers? The SBA may be the answer. This $75,000 residential remodelers loan was issued by a Montana bank.

This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Sky Fcu, out of Livingston, Montana. The loan was granted and they received $75,000 to help grow their Belgrade, Montana business.

SBA Loan Borrower

COMPANY TYPE: RESIDENTIAL REMODELERS
BELGRADE, MT 59714

SBA Loan Lender

SKY FCU
111 NORTH 'B' ST
LIVINGSTON, MT 59047

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

236118 - Residential Remodelers

Loan Approval Date

1/21/2005

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. This SBA loan request did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $75,000. How would you spend $75,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Getting a Small Business Loan

SBA 7A Banks for Livingston, Montana Loans

Getting an SBA Loan in Montana