Get an SBA Loan for Specialty Trade Contractors
Looking for small business loans for specialty trade contractors? The SBA may be the answer. This $50,000 specialty trade contractors loan was issued by a Montana bank.
Getting a small business loan in Bozeman, Montana was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Mountain W. Bank, operating out of Bozeman, Montana. Here are the details on this Montana small business loan.
SBA Loan Borrower
COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
BOZEMAN, MT 59714
SBA Loan Lender
MOUNTAIN W. BANK
1960 N 19TH AVE
BOZEMAN, MT 59715
The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
11/10/2005
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the borrowed money would help create 2 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Mountain W. Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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