Mountain W. Bank SBA Loan to Septic Tank And Related Services Company
An SBA loan from Mountain W. Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an East Helena, Montana business owner got a $85,000 loan.
Getting a small business loan in East Helena, Montana was an essential business goal for this firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Mountain W. Bank, operating out of Helena, Montana. Here are the details on this Montana small business loan.
SBA Loan Borrower
COMPANY TYPE: SEPTIC TANK AND RELATED SERVICES
EAST HELENA, MT 59635
SBA Loan Lender
MOUNTAIN W. BANK
1225 CEDAR
HELENA, MT 59601
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
562991 - Septic Tank and Related Services
Loan Approval Date
1/30/2004
Loan Approval Gross Amount
$85,000
Loan Approval from the SBA
Of the total $85,000 loan amount, the SBA guaranteed $72,250.
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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
We can help you find the best banks for small businesses in East Helena or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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