Entrepreneur Works With Missoula, Montana Bank to Get an SBA Loan

Want to talk with a Missoula, Montana bank about an SBA loan? Here's one Montana business loan, issued by a Missoula bank, that was approved by the SBA.

Applying for an SBA loan with First Security Bank - Missoula worked out well for our friends at one local company in Clinton, Montana. They received an SBA loan for $1,192,000. Nice!

SBA Loan Borrower

COMPANY TYPE: SUPERMARKETS AND GROCERY STORES
CLINTON, MT 59825

SBA Loan Lender

FIRST SECURITY BANK - MISSOULA
1704 DEARBORN AVE
MISSOULA, MT 59801

This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445110 - Supermarkets and Grocery Stores

Loan Approval Date

6/29/2001

Loan Approval Gross Amount

$1,192,000

Loan Approval from the SBA

Of the total $1,192,000 loan amount, the SBA guaranteed $894,000.

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 7 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 5 existing jobs.

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

If you want money for new small business in Clinton MT, you ought to talk with a local Clinton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Clinton businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First Security Bank - Missoula and they will explain how you can get an SBA loan for your company.

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:

Dealing With Venture Capitalists

Small Business Banks in Missoula, Montana

Getting an SBA Loan in Montana