Specialty Trade Contractors SBA Loans
Looking for SBA loans for specialty trade contractors? Talk to a banker who works with the SBA. This $64,600 specialty trade contractors loan was issued by a Montana bank.
This small business knew how to go about getting a business bank loan. Based in Billings, Montana, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Western Security Bank, based in Billings, Montana.
SBA Loan Borrower
COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
BILLINGS, MT 59102
SBA Loan Lender
WESTERN SECURITY BANK
2929 3RD AVE NORTH
BILLINGS, MT 59101
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
238990 - Specialty Trade Contractors
Loan Approval Date
8/1/2005
Loan Approval Gross Amount
$64,600
Loan Approval from the SBA
Of the total $64,600 loan amount, the SBA guaranteed $32,300.
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 9 employees. The loan application indicated that the loan would help retain 9 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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