Business Loan from Glacier Bank Given to Freight Transportation Arrangement Company
Glacier Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Montana entrepreneur was able to get a loan to take a small business to the next level.
This small firm knew how to go about getting a business bank loan. Based in Eureka, Montana, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Glacier Bank, based in Kalispell, Montana.
SBA Loan Borrower
COMPANY TYPE: FREIGHT TRANSPORTATION ARRANGEMENT
EUREKA, MT 59917
SBA Loan Lender
GLACIER BANK
202 MAIN ST
KALISPELL, MT 59901
This bank 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
488510 - Freight Transportation Arrangement
Loan Approval Date
6/2/2005
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 14 employees. The SBA loan application for the borrower indicated that the borrowed money would help create 2 new jobs.
Start the Process for Getting an SBA Loan Today!
If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding.
This SBA loan was for $50,000. How would you spend $50,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Determining Proper Capital Structure for a Business
SBA 7A Banks for Kalispell, Montana Loans
Where to Get an SBA Loan Montana