Entrepreneur Works With Twin Bridges, Montana Bank to Get an SBA Loan

Get to know Twin Bridges, Montana banks that specialize in SBA loans and know how to work with entrepreneurs. Ruby Valley National Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Butte, Montana starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Ruby Valley National Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: READY-MIX CONCRETE MANUFACTURING
BUTTE, MT 59701

SBA Loan Lender

RUBY VALLEY NATIONAL BANK
107 S MAIN ST
TWIN BRIDGES, MT 59754

This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

327320 - Ready-Mix Concrete Manufacturing

Loan Approval Date

2/16/2005

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $100,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower indicated that the loan would help retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $200,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Business Incubators

SBA 7A Banks in Twin Bridges, Montana

Getting an SBA Loan in Montana