Bozeman, MT Entrepreneur Gets SBA Loan to Buy Wheat Montana Bakery & Deli Franchise

Need a loan to buy a Wheat Montana Bakery & Deli franchise? First National Bank - Montana Inc. has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Wheat Montana Bakery & Deli franchise shouldn't be overly burdensome. In 2003, First National Bank - Montana Inc. issued an SBA franchise loan to an entrepreneur in Bozeman, Montana. Because Wheat Montana Bakery & Deli was registered with the SBA's registry of franchises, this Montana small business loan was issued on an expedited basis.

SBA Loan Borrower

RIGGSBY WHEAT ENTERPRISES INC
BOZEMAN, MT 59715

SBA Loan Lender

FIRST NATIONAL BANK - MONTANA INC.
1336 STONERIDGE DR
BOZEMAN, MT 59718

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311811 - Retail Bakeries

Loan Approval Date

7/30/2003

Loan Approval Gross Amount

$147,000

Loan Approval from the SBA

Of the total $147,000 loan amount, the SBA guaranteed $110,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Wheat Montana Bakery & Deli franchise. At the time of the loan, the company had 9 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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.

Related Links:

Getting a Small Business Loan

SBA 7A Banks in Bozeman, Montana

Montana SBA 7A Lenders