Loans for Drinking Places
With these loans for drinking places, the SBA guarantees the lender that the loan will be repaid. This drinking places loan for $8,500 was given to a Montana entrepreneur in 2003.
This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Little Horn State Bank, out of Hardin, Montana. The loan was granted and they received $8,500 to help grow their Custer, Montana business.
SBA Loan Borrower
COMPANY TYPE: DRINKING PLACES
CUSTER, MT 59024
SBA Loan Lender
LITTLE HORN STATE BANK
835 N CENTER AVE
HARDIN, MT 59034
This lender issued this particular loan for a small business under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722410 - Drinking Places
Loan Approval Date
10/2/2003
Loan Approval Gross Amount
$8,500
Loan Approval from the SBA
Of the total $8,500 loan amount, the SBA guaranteed $7,225.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The loan application did not indicate that the company promised to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Alternative Financing
Best Banks for Small Business in Hardin, Montana
Where to Get an SBA Loan Montana