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November 15, 2024  
 
 
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Montana Small Business Funding

 

 
Loan Census SBA Loan Info

Full-Service Restaurants Bank Loans

Looking for bank loans for full-service restaurants? The SBA may be the answer. This $11,700 full-service restaurants loan was issued by a Montana bank.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Valley Bank Of Helena, out of Helena, Montana. The loan was granted and they received $11,700 to help grow their East Helena, Montana business.

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
EAST HELENA, MT 59635

SBA Loan Lender

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

This commercial 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

722110 - Full-Service Restaurants

Loan Approval Date

8/17/2005

Loan Approval Gross Amount

$11,700

Loan Approval from the SBA

Of the total $11,700 loan amount, the SBA guaranteed $5,850.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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 Valley Bank Of Helena 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:

Realistic Debt Financing Options

Small Bank Loans in Helena, Montana

Getting an SBA Loan in Montana