Commercial Loans for Paint and Wallpaper Stores
Looking for commercial loans for paint and wallpaper stores? Talk to a banker who works with the SBA. This $25,000 paint and wallpaper stores 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 $25,000 from Stockman Bank Of Montana. The SBA made the loan possible by guaranteeing $12,500 of this Montana small business loan.
SBA Loan Borrower
COMPANY TYPE: PAINT AND WALLPAPER STORES
BILLINGS, MT 59102
SBA Loan Lender
STOCKMAN BANK OF MONTANA
101 S CENTRAL AVE
SIDNEY, MT 59270
This lender processed this debt financing 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
444120 - Paint and Wallpaper Stores
Loan Approval Date
12/30/2004
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 4 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Stockman Bank Of Montana are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
Small Business Credit Cards
SBA Participating Banks in Sidney, Montana
Find an SBA Lender in Montana