SBA Loan from Yellowstone Bank Helps Siding Contractors Company
An SBA loan from Yellowstone Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Billings, Montana business owner got a $24,000 loan.
This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Yellowstone Bank, out of Laurel, Montana. The loan was granted and they received $24,000 to help grow their Billings, Montana business.
SBA Loan Borrower
COMPANY TYPE: SIDING CONTRACTORS
BILLINGS, MT 59102
SBA Loan Lender
YELLOWSTONE BANK
12 1ST AVE
LAUREL, MT 59044
This lender provides SBA guaranteed 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
238170 - Siding Contractors
Loan Approval Date
4/12/2006
Loan Approval Gross Amount
$24,000
Loan Approval from the SBA
Of the total $24,000 loan amount, the SBA guaranteed $20,400.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had no employees. The loan application indicated that the funding would help create 1 new job.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
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:
Startup Funding Tip
Banks in Laurel, Montana
Montana SBA 7A Lenders