Getting an SBA Loan for Dairy Product Merchant Wholesalers

Looking for business loans for dairy product merchant wholesalers? An SBA loan may be just what you've been looking for. This $52,000 dairy product merchant wholesalers loan was issued by a Montana bank.

This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Three Rivers Bank Of Montana, out of Kalispell, Montana. The loan was granted and they received $52,000 to help grow their Columbia Falls, Montana business.

SBA Loan Borrower

COMPANY TYPE: DAIRY PRODUCT MERCHANT WHOLESALERS
COLUMBIA FALLS, MT 59912

SBA Loan Lender

THREE RIVERS BANK OF MONTANA
233 E IDAHO
KALISPELL, MT 59901

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

424430 - Dairy Product Merchant Wholesalers

Loan Approval Date

3/15/2004

Loan Approval Gross Amount

$52,000

Loan Approval from the SBA

Of the total $52,000 loan amount, the SBA guaranteed $44,200.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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