Business Loans for Lawyers

Looking for business loans for lawyers? Talk to a banker who works with the SBA. This $122,500 lawyers loan was issued by a Montana bank.

Getting a small business loan in Conrad, Montana was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Stockman Bank Of Montana, operating out of Great Falls, Montana. Here are the details on this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: LEGAL SERVICES
CONRAD, MT 59425

SBA Loan Lender

STOCKMAN BANK OF MONTANA
25 5TH ST NORTH
GREAT FALLS, MT 59401

This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with borrowing money. The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8111 - Legal Services

NAICS Code

541110 - Lawyers

Loan Approval Date

2/22/2000

Loan Approval Gross Amount

$122,500

Loan Approval from the SBA

Of the total $122,500 loan amount, the SBA guaranteed $91,875.

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 SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for 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:

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Where to Get an SBA Loan in Great Falls, Montana

Getting an SBA Loan in Montana