SBA Loan from Stockman Bank Of Montana Helps Animal Slaughtering Company
An SBA loan from Stockman Bank Of Montana typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Columbus, Montana business owner got a $41,250 loan.
This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Stockman Bank Of Montana, out of Billings, Montana. The loan was granted and they received $41,250 to help grow their Columbus, Montana business.
SBA Loan Borrower
COMPANY TYPE: ANIMAL SLAUGHTERING
COLUMBUS, MT 59019
SBA Loan Lender
STOCKMAN BANK OF MONTANA
2700 KING AVE WEST
BILLINGS, MT 59102
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
311611 - Animal Slaughtering
Loan Approval Date
7/1/2003
Loan Approval Gross Amount
$41,250
Loan Approval from the SBA
Of the total $41,250 loan amount, the SBA guaranteed $30,938.
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 9 employees. This SBA loan request did not indicate that the company promised to use the money to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
We can help you find the best banks for small businesses in Columbus 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:
Obtaining Funding - How to Borrow Money
SBA Participating Banks in Billings, Montana
Montana SBA 7A Lenders