Billings, Montana Business Gets SBA-Guaranteed Funding from Stockman Bank Of Montana

An SBA loan from Stockman Bank Of Montana typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Billings, Montana business owner got a $43,800 loan.

This growing company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Stockman Bank Of Montana, out of Miles City, Montana. The loan was granted and they received $43,800 to help grow their Billings, Montana business.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
BILLINGS, MT 59102

SBA Loan Lender

STOCKMAN BANK OF MONTANA
700 MAIN ST
MILES CITY, MT 59301

This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

3/15/2007

Loan Approval Gross Amount

$43,800

Loan Approval from the SBA

Of the total $43,800 loan amount, the SBA guaranteed $21,900.

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 application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? 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:

Bank Credit Lines

Where to Get an SBA Loan in Miles City, Montana

Montana SBA Banks