Montana Small Business Loan Issued to Vending Machine Operators Company
Want a Montana small business loan? This Montana entrepreneur got a small business loan, provided by a Montana bank that works with the SBA to help small business owners.
Getting a small business loan in East Helena, Montana was a top priority for this small company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Valley Bank Of Helena. Here are the details on this Montana small business loan.
SBA Loan Borrower
COMPANY TYPE: VENDING MACHINE OPERATORS
EAST HELENA, MT 59635
SBA Loan Lender
VALLEY BANK OF HELENA
3030 N MONTANA AVE
HELENA, MT 59601
The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
454210 - Vending Machine Operators
Loan Approval Date
10/25/2007
Loan Approval Gross Amount
$22,300
Loan Approval from the SBA
Of the total $22,300 loan amount, the SBA guaranteed $11,150.
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 loan application indicated that the loan would help retain 1 existing job.
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SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We've showcased information on this loan to let you know that businesses like yours 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.
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