Billings, Montana Lender Lends Money to Lessors Of Nonresidential Buildings Company

Thinking about meeting with a Billings, Montana bank about a small business loan? Here's one Montana business loan, issued by a Billings bank, that was approved by the SBA.

Applying for an SBA loan with Western Security Bank worked out well for our friends at one local company in Billings, Montana. They received an SBA loan for $194,000. Nice!

SBA Loan Borrower

COMPANY TYPE: LESSORS OF NONRESIDENTIAL BUILDINGS
BILLINGS, MT 59101

SBA Loan Lender

WESTERN SECURITY BANK
2929 3RD AVE NORTH
BILLINGS, MT 59101

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

531120 - Lessors of Nonresidential Buildings

Loan Approval Date

4/11/2006

Loan Approval Gross Amount

$194,000

Loan Approval from the SBA

Of the total $194,000 loan amount, the SBA guaranteed $97,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had no employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Billings MT, you ought to talk with a local Billings SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Billings businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $194,000 loan. Remember, you control your own destiny.

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:

Banking Deregulation's Effects on Entrepreneurship

Where to Get an SBA Loan in Billings, Montana

SBA Lenders in Montana