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November 15, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Butte, Business Loans > First Citizens Bank Of Butte Butte Business Loans > Dentists Loan | ||||
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How to Get SBA Money in Butte, Montana
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Montana Small Business Loan Issued to Dentists CompanyBank loans in Montana are tough to come by these days. We take a look at one Montana bank loan, provided by a Montana bank, that was approved by the SBA. Getting a small business loan in Butte, Montana was a top priority for this loan applicant back in 2003 and, based on their loan application, they were successful in getting an SBA loan from First Citizens Bank Of Butte. Here are the details on this Montana small business loan. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender FIRST CITIZENS BANK OF BUTTE 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 621210 - Dentists Loan Approval Date 3/5/2003 Loan Approval Gross Amount $37,000 Loan Approval from the SBA Of the total $37,000 loan amount, the SBA guaranteed $31,450. 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 6 employees. This SBA loan request did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. While you may be able to borrow money from friends and family, 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. Related Links: Obtaining Funding - How to Decide How Much to Raise
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