Billings, Montana Bank Gives SBA Loan to General Freight Trucking, Local Company

Want to talk with a Billings, Montana bank about an SBA loan? Here's one Montana business loan, issued by a Billings bank, that was approved by the SBA.

Applying for an SBA loan with Stockman Bank Of Montana worked out well for our friends at one local business in Billings, Montana. They received an SBA loan for $72,200. Great job!

SBA Loan Borrower

COMPANY TYPE: GENERAL FREIGHT TRUCKING, LOCAL
BILLINGS, MT 59105

SBA Loan Lender

STOCKMAN BANK OF MONTANA
800 MAIN
BILLINGS, MT 59105

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

484110 - General Freight Trucking, Local

Loan Approval Date

6/10/2003

Loan Approval Gross Amount

$72,200

Loan Approval from the SBA

Of the total $72,200 loan amount, the SBA guaranteed $61,370.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Stockman Bank Of Montana and they will explain how you can get an SBA loan for your company.

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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