Flint Creek Valley Bank Gives SBA Loan to Frozen Specialty Food Manufacturing Company

Would a Montana bank loan help help your firm avoid a serious cash crunch? If so, you may want to talk with this Montana bank, which offers SBA loans to Montana entrepreneurs.

Getting a small business loan in Butte, Montana was a top priority for this loan applicant back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Flint Creek Valley Bank. Here are the details on this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: FROZEN SPECIALTY FOOD MANUFACTURING
BUTTE, MT 59701

SBA Loan Lender

FLINT CREEK VALLEY BANK
139 E BROADWAY
PHILIPSBURG, MT 59858

This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311412 - Frozen Specialty Food Manufacturing

Loan Approval Date

3/1/2004

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $119,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. The loan application did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We can help you find the best banks for small businesses in Butte or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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