Financing for Furniture Stores

Looking for commercial loans for furniture stores? An SBA loan may be just what you've been looking for. This $30,600 furniture stores loan was issued by a Montana bank.

This business 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 2002. The lending bank was First Interstate Bank, based in Billings, Montana.

SBA Loan Borrower

COMPANY TYPE: FURNITURE STORES
BILLINGS, MT 59101

SBA Loan Lender

FIRST INTERSTATE BANK
730 MAIN ST
BILLINGS, MT 59105

This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

442110 - Furniture Stores

Loan Approval Date

7/15/2002

Loan Approval Gross Amount

$30,600

Loan Approval from the SBA

Of the total $30,600 loan amount, the SBA guaranteed $26,010.

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 2 employees. The SBA loan documents did not indicate that the business 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 typically are available at competitive interest rates and have no balloon payments or annual reviews.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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 Borrow Money

Who Lends Money to Small Businesses in Billings, Montana

Getting an SBA Loan in Montana