Business Loans for Local Messengers and Local Delivery

With these business loans for local messengers and local delivery, the SBA guarantees the lender that the loan will be repaid. This local messengers and local delivery loan for $33,800 was given to a Montana entrepreneur in 2005.

Getting a small business loan in Darby, Montana was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Farmers State Bank, operating out of Victor, Montana. Here are the details on this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: LOCAL MESSENGERS AND LOCAL DELIVERY
DARBY, MT 59829

SBA Loan Lender

FARMERS STATE BANK
103 MAIN ST
VICTOR, MT 59875

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

492210 - Local Messengers and Local Delivery

Loan Approval Date

1/20/2005

Loan Approval Gross Amount

$33,800

Loan Approval from the SBA

Of the total $33,800 loan amount, the SBA guaranteed $28,730.

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 2 employees. The SBA loan documents did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Farmers State Bank and they will explain how you can get an SBA loan for your company.

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:

Business Line of Credit

SBA 7A Banks for Victor, Montana Loans

Find an SBA Lender in Montana