Specialized Design Services Commercial Loans
Looking for commercial loans for specialized design services? Try the SBA. This $22,000 specialized design services loan was issued by a Montana bank.
Getting a small business loan in Billings, Montana was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Western Security Bank, operating out of Billings, Montana. Here are the details on this Montana small business loan.
SBA Loan Borrower
COMPANY TYPE: SPECIALIZED DESIGN SERVICES
BILLINGS, MT 59105
SBA Loan Lender
WESTERN SECURITY BANK
2929 3RD AVE NORTH
BILLINGS, MT 59101
This commercial 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
541490 - Specialized Design Services
Loan Approval Date
3/20/2006
Loan Approval Gross Amount
$22,000
Loan Approval from the SBA
Of the total $22,000 loan amount, the SBA guaranteed $11,000.
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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.
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