Automotive Oil Change and Lubrication Shops Bank Loans
Looking for bank loans for automotive oil change and lubrication shops? An SBA loan may be just what you've been looking for. This $150,000 automotive oil change and lubrication shops loan was issued by a Montana bank.
This small firm knew how to go about getting a business bank loan. Based in Billings, Montana, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Stockman Bank Of Montana, based in Sidney, Montana.
SBA Loan Borrower
COMPANY TYPE: AUTOMOTIVE OIL CHANGE AND LUBRICATION SHOPS
BILLINGS, MT 59102
SBA Loan Lender
STOCKMAN BANK OF MONTANA
101 S CENTRAL AVE
SIDNEY, MT 59270
This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
811191 - Automotive Oil Change and Lubrication Shops
Loan Approval Date
1/11/2006
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 43 employees. The SBA loan application for the borrower indicated that the loan would help generate 43 new jobs and retain 43 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you need money to start a business or need money for an existing business, an SBA loan can be a great funding source
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 $150,000 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.
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