Commercial Loans for Architectural Services
Looking for commercial loans for architectural services? The SBA may be the answer. This $27,500 architectural services loan was issued by a Montana bank.
This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Yellowstone Bank, out of Billings, Montana. The loan was granted and they received $27,500 to help grow their Billings, Montana business.
SBA Loan Borrower
COMPANY TYPE: ARCHITECTURAL SERVICES
BILLINGS, MT 59103
SBA Loan Lender
YELLOWSTONE BANK
2000 OVERLAND AVE
BILLINGS, MT 59102
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541310 - Architectural Services
Loan Approval Date
8/7/2003
Loan Approval Gross Amount
$27,500
Loan Approval from the SBA
Of the total $27,500 loan amount, the SBA guaranteed $23,375.
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 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Obtaining Funding - How to Decide How Much to Raise
Banks in Billings, Montana
Find an SBA Lender in Montana