Borrowing Money for Tile and Terrazzo Contractors
Looking for small business loans for tile and terrazzo contractors? An SBA loan may be just what you've been looking for. This $30,500 tile and terrazzo contractors loan was issued by a Montana bank.
This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Farmers State Bank, out of Victor, Montana. The loan was granted and they received $30,500 to help grow their Darby, Montana business.
SBA Loan Borrower
COMPANY TYPE: TILE AND TERRAZZO CONTRACTORS
DARBY, MT 59829
SBA Loan Lender
FARMERS STATE BANK
103 MAIN ST
VICTOR, MT 59875
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
238340 - Tile and Terrazzo Contractors
Loan Approval Date
11/16/2007
Loan Approval Gross Amount
$30,500
Loan Approval from the SBA
Of the total $30,500 loan amount, the SBA guaranteed $15,250.
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. This SBA loan request indicated that the loan would help retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are wondering how to raise money for a business in Darby MT, you ought to talk with a local Darby SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Darby businesses.
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:
The Art of Bootstrapping
SBA 7A Lenders in Victor, Montana
Getting a Business Loan in Montana