Get an SBA Loan for Water Supply and Irrigation Systems
Looking for loans for water supply and irrigation systems? An SBA loan may be just what you've been looking for. This $30,700 water supply and irrigation systems loan was issued by a Montana bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Columbus, Montana was able to borrow $30,700 from Yellowstone Bank. The SBA made the loan possible by guaranteeing $26,095 of this Montana small business loan.
SBA Loan Borrower
COMPANY TYPE: WATER SUPPLY AND IRRIGATION SYSTEMS
COLUMBUS, MT 59019
SBA Loan Lender
YELLOWSTONE BANK
544 PIKE AVE
COLUMBUS, MT 59019
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
221310 - Water Supply and Irrigation Systems
Loan Approval Date
3/2/2001
Loan Approval Gross Amount
$30,700
Loan Approval from the SBA
Of the total $30,700 loan amount, the SBA guaranteed $26,095.
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. This SBA loan request did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Yellowstone Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Yellowstone Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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 Decide How Much to Raise
Good Banks for Small Business in Columbus, Montana
Browse All Business Loan Sources for Montana