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November 21, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Columbus, Business Loans > Yellowstone Bank Columbus Business Loans > Radio Shack Loan | ||||
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Billings, Montana Bank Loan
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Montana Entrepreneur Secures Financing to Buy Radio Shack FranchiseBorrowing money to buy a Radio Shack franchise? Yellowstone Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Radio Shack franchise? If so, here's a 2000 SBA franchise loan that you should know about. Yellowstone Bank was the lender and the entrepreneur was based in Billings, Montana. SBA Loan Borrower RADIO SHACK SBA Loan Lender YELLOWSTONE BANK This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5731 - Radio, TV, and Consumer Electronics Retailing NAICS Code 443112 - Radio, Television, and Electronics Stores Loan Approval Date 6/21/2000 Loan Approval Gross Amount $95,000 Loan Approval from the SBA Of the total $95,000 loan amount, the SBA guaranteed $76,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Radio Shack franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the small business promised to use the money to add employees or retain any existing employees. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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 Bank Loans in Columbus, Montana Where to Get an SBA Loan Montana
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