State Bank & Trust SBA Loan to Lumber And Other Building Materials Dealer Company
Searching for a Montana SBA loan? Here's one Montana business loan that was approved by the SBA.
This local small business knew how to go about getting a business bank loan. Based in Dillon, Montana, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was State Bank & Trust, based in Dillon, Montana.
SBA Loan Borrower
COMPANY TYPE: LUMBER AND OTHER BUILDING MATERIALS DEALER
DILLON, MT 59725
SBA Loan Lender
STATE BANK & TRUST
110 S IDAHO ST
DILLON, MT 59725
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5211 - Lumber and Other Building Materials Dealer
NAICS Code
421310 -
Loan Approval Date
6/19/2000
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $112,500.
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 12 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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 State Bank & Trust 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.
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Find an SBA Lender in Montana