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November 15, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Bozeman, Business Loans > American Bank Bozeman Business Loans > Full-Service Restaurants Loan | ||||
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How to Get SBA Loans in Big Sky, Montana
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Where to Get Capital for Full-Service RestaurantsLooking for small business loans for full-service restaurants? An SBA loan may be just what you've been looking for. This $66,000 full-service restaurants loan was issued by a Montana bank. Getting a small business loan in Big Sky, Montana was important for this growing firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from American Bank, operating out of Bozeman, Montana. Here are the details on this Montana small business loan. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender AMERICAN BANK 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 722110 - Full-Service Restaurants Loan Approval Date 6/20/2003 Loan Approval Gross Amount $66,000 Loan Approval from the SBA Of the total $66,000 loan amount, the SBA guaranteed $56,100. 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 10 employees. This SBA loan request did not indicate that the business promised to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My 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. This SBA loan was for $66,000. How would you spend $66,000 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:
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