How to Get a Loan for Drinking Places

Looking for business loans for drinking places? The SBA may be the answer. This $450,000 drinking places loan was issued by a Montana bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Flathead Bank Of Bigfork, out of Bigfork, Montana. The loan was granted and they received $450,000 to help grow their Columbia Falls, Montana business.

SBA Loan Borrower

COMPANY TYPE: DRINKING PLACES
COLUMBIA FALLS, MT 59912

SBA Loan Lender

FLATHEAD BANK OF BIGFORK
800 GRAND AVE
BIGFORK, MT 59911

When it made this small business loan, this bank participated in the SBA's Certified Lenders Program (CLP). This program was created to provide expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722410 - Drinking Places

Loan Approval Date

8/29/2001

Loan Approval Gross Amount

$450,000

Loan Approval from the SBA

Of the total $450,000 loan amount, the SBA guaranteed $337,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in Columbia Falls or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

The Friends and Family Network

SBA 7A Banks for Bigfork, Montana Loans

Montana SBA 7A Banks