Helena, Montana Bank Lends Money to Waste Management Services Company in Butte, Montana
Want to talk with a Helena, Montana bank about a small business loan? Here's one Montana business loan, issued by a Helena bank, that was approved by the SBA.
Applying for an SBA loan with Mountain W. Bank worked out well for our friends at one local business in Butte, Montana. The business was able to get an SBA loan for $200,000. Nice!
SBA Loan Borrower
COMPANY TYPE: WASTE MANAGEMENT SERVICES
BUTTE, MT 59703
SBA Loan Lender
MOUNTAIN W. BANK
1225 CEDAR
HELENA, MT 59601
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
562998 - Waste Management Services
Loan Approval Date
11/16/2001
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
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 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Understanding Dilution
SBA Participating Banks in Helena, Montana
SBA Montana Banks