Small Business Loans for Water and Sewer Line and Related Structures Construction
Looking for small business loans for water and sewer line and related structures construction? Talk to a banker who works with the SBA. This $257,000 water and sewer line and related structures construction loan was issued by a Montana bank.
Getting a small business loan in Clancy (clancey), Montana was important for this growing firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Valley Bank Of Helena, operating out of Helena, Montana. Here are the details on this Montana small business loan.
SBA Loan Borrower
COMPANY TYPE: WATER AND SEWER LINE AND RELATED STRUCTURES CONSTRUCTION
CLANCY (CLANCEY), MT 59634
SBA Loan Lender
VALLEY BANK OF HELENA
3030 N MONTANA AVE
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
237110 - Water and Sewer Line and Related Structures Construction
Loan Approval Date
3/22/2006
Loan Approval Gross Amount
$257,000
Loan Approval from the SBA
Of the total $257,000 loan amount, the SBA guaranteed $192,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Valley Bank Of Helena that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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 From a Venture Capitalist
SBA 7A Banks in Helena, Montana
Montana SBA 7A Banks