First National Bank - Montana Inc. SBA Loan to Plumbing, Heating, And Air-Conditioning Company

An SBA loan from First National Bank - Montana Inc. typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Butte, Montana business owner got a $231,100 loan.

This small firm knew how to go about getting a business bank loan. Based in Butte, Montana, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was First National Bank - Montana Inc., based in Butte, Montana.

SBA Loan Borrower

COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING
BUTTE, MT 59701

SBA Loan Lender

FIRST NATIONAL BANK - MONTANA INC.
1940 DEWEY BLVD
BUTTE, MT 59702

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1711 - Plumbing, Heating, and Air-Conditioning

NAICS Code

235110 - Plumbing, Heating, and Air Conditioning Contractors

Loan Approval Date

1/18/2000

Loan Approval Gross Amount

$231,100

Loan Approval from the SBA

Of the total $231,100 loan amount, the SBA guaranteed $173,325.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 30 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This SBA loan was for $231,100. How would you spend $231,100 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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Where to Get an SBA Loan in Butte, Montana

SBA Montana Lenders