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December 19, 2024  
 
 
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Who Can Get a Business Loan in East Helena, Montana?

 

 
Loan Census SBA Loan Info

Small Business Loans for Drywall and Insulation Contractors

Looking for small business loans for drywall and insulation contractors? An SBA loan may be just what you've been looking for. This $15,000 drywall and insulation contractors loan was issued by a Montana bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in East Helena, Montana was able to borrow $15,000 from Valley Bank Of Helena. The SBA made the loan possible by guaranteeing $7,500 of this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: DRYWALL AND INSULATION CONTRACTORS
EAST HELENA, MT 59635

SBA Loan Lender

VALLEY BANK OF HELENA
3030 N MONTANA AVE
HELENA, MT 59601

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

238310 - Drywall and Insulation Contractors

Loan Approval Date

1/30/2004

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

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 6 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Valley Bank Of Helena had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Valley Bank Of Helena made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Borrowing Money from Friends and Family

Find an SBA Lender in Helena, Montana

Montana SBA Bank Lenders