Stockman Bank Of Montana Gives Business Loan to Specialized Local Freight Trucking Company
SBA loans in Montana are hard to find these days. We take a look at one Montana SBA loan, provided by a Montana bank, that was approved by the SBA.
By giving the right information to Stockman Bank Of Montana, this Crane, Montana business was able to get an SBA loan. To get this loan, the applying company gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back.
SBA Loan Borrower
COMPANY TYPE: SPECIALIZED LOCAL FREIGHT TRUCKING
CRANE, MT 59217
SBA Loan Lender
STOCKMAN BANK OF MONTANA
101 S CENTRAL AVE
SIDNEY, MT 59270
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
484220 - Specialized Local Freight Trucking
Loan Approval Date
9/7/2006
Loan Approval Gross Amount
$121,500
Loan Approval from the SBA
Of the total $121,500 loan amount, the SBA guaranteed $103,275.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.
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.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Stockman Bank Of Montana that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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.
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