Montana Entrepreneur Secures Financing to Buy V2k Window Fashions Franchise
Need money to buy a V2k Window Fashions franchise? Yellowstone Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a V2k Window Fashions franchise? If so, here's a 2005 SBA franchise loan that you should know about. Yellowstone Bank was the lender and the entrepreneur was based in Billings, Montana.
SBA Loan Borrower
VIRTUAL HOME FASHIONS OF MONTA
BILLINGS, MT 59101
SBA Loan Lender
YELLOWSTONE BANK
12 1ST AVE
LAUREL, MT 59044
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
236118 - Residential Remodelers
Loan Approval Date
3/16/2005
Loan Approval Gross Amount
$40,000
Loan Approval from the SBA
Of the total $40,000 loan amount, the SBA guaranteed $34,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a V2k Window Fashions franchise. At the time of the loan, the company
had only one employee. This SBA loan request did not indicate that the company planned to use the money to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Yellowstone Bank 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.
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