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December 19, 2024  
 
 
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Stockman Bank Of Montana

 

 
Loan Census SBA Loan Info

SBA Loan from Stockman Bank Of Montana Helps Meat Processed From Carcasses Company

Stockman Bank Of Montana has a track record as a leading provider of SBA loans. Find out how this Montana entrepreneur received an SBA loan from them.

This small firm knew how to go about getting a business bank loan. Based in Columbus, Montana, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Stockman Bank Of Montana, based in Sidney, Montana.

SBA Loan Borrower

COMPANY TYPE: MEAT PROCESSED FROM CARCASSES
COLUMBUS, MT 59019

SBA Loan Lender

STOCKMAN BANK OF MONTANA
101 S CENTRAL AVE
SIDNEY, MT 59270

The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

311612 - Meat Processed from Carcasses

Loan Approval Date

9/16/2005

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 8 employees. This SBA loan request indicated that the loan would help generate 8 new jobs and retain 8 existing jobs.

Getting an SBA Loan For Your Business

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

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $40,000 loan. Remember, anyone can do it... so why not you?

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:

Advice on Getting a Small Business Loan

Find an SBA Lender in Sidney, Montana

Where to Get an SBA Loan Montana