How to Get a Loan for Home Furnishing Wholesalers

Looking for commercial loans for home furnishing wholesalers? The SBA may be the answer. This $180,900 home furnishing wholesalers loan was issued by a Montana bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Billings, Montana was able to borrow $180,900 from Yellowstone Bank. The SBA made the loan possible by guaranteeing $135,675 of this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: HOME FURNISHING WHOLESALERS
BILLINGS, MT 59102

SBA Loan Lender

YELLOWSTONE BANK
2000 OVERLAND AVE
BILLINGS, MT 59102

This lender provides SBA business loans 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

421220 - Home Furnishing Wholesalers

Loan Approval Date

11/27/2002

Loan Approval Gross Amount

$180,900

Loan Approval from the SBA

Of the total $180,900 loan amount, the SBA guaranteed $135,675.

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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great way to raise money

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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