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January 7, 2025 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Cut Bank, Business Loans > Stockman Bank Of Montana Cut Bank Business Loans > Caterers Loan | ||||
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Montana Bank SBA Loans
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Cut Bank, Montana Bank Lends Money to Caterers Company in Cut Bank, MontanaGet SBA loans from a Cut Bank, Montana bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Stockman Bank Of Montana is a Cut Bank, Montana small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Montana company. SBA Loan Borrower COMPANY TYPE: CATERERS SBA Loan Lender STOCKMAN BANK OF MONTANA This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722320 - Caterers Loan Approval Date 8/5/2005 Loan Approval Gross Amount $1,200,000 Loan Approval from the SBA Of the total $1,200,000 loan amount, the SBA guaranteed $900,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 28 employees. This SBA loan request did not indicate that the company planned 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 way to raise money SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Stockman Bank Of Montana and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Determining Proper Capital Structure for a Business SBA Participating Banks in Cut Bank, Montana
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