Big Sky, Montana Entrepreneur Gets a Small Business Loan

Looking to get a Montana business loan? This Montana entrepreneur got a business loan, provided by a Montana bank that works with the SBA to help small business owners.

This small business, based in Big Sky, Montana, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from First National Bank - Montana Inc.. We've got the inside scoop on this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: EXCAVATION CONTRACTORS
BIG SKY, MT 59716

SBA Loan Lender

FIRST NATIONAL BANK - MONTANA INC.
1336 STONERIDGE DR
BOZEMAN, MT 59718

This 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.

NAICS Code

235930 - Excavation Contractors

Loan Approval Date

6/26/2002

Loan Approval Gross Amount

$158,900

Loan Approval from the SBA

Of the total $158,900 loan amount, the SBA guaranteed $119,175.

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 6 employees. This SBA loan request did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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