 |
 |
December 22, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Montana Business Loan Sources > Drummond, Business Loans > Flint Creek Valley Bank Drummond Business Loans > Logging Loan | ||||
 |
||||
Business Loans for Drummond Businesses
|
||||
 |
Loans for LoggingWith these loans for logging, the SBA guarantees the lender that the loan will be repaid. This logging loan for $528,000 was given to a Montana entrepreneur in 2001. This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Flint Creek Valley Bank, out of Drummond, Montana. The loan was granted and they received $528,000 to help grow their Drummond, Montana business. SBA Loan Borrower COMPANY TYPE: LOGGING SBA Loan Lender FLINT CREEK VALLEY BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 113310 - Logging Loan Approval Date 4/9/2001 Loan Approval Gross Amount $528,000 Loan Approval from the SBA Of the total $528,000 loan amount, the SBA guaranteed $396,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. This SBA loan request did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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:
|
|
||
|
||||
|
|
||||