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