Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

SBA Lender Fairfield

 

 
Loan Census SBA Loan Info

Fairfield, Montana Lender Lends Money to Newspaper Company

Want to talk with a Fairfield, Montana bank about an SBA loan? Here's one Montana business loan, issued by a Fairfield bank, that was approved by the SBA.

Applying for an SBA loan with First National Bank - Fairfield worked out well for our friends at one local business in Fairfield, Montana. They got an SBA loan for $105,000. Great job!

SBA Loan Borrower

COMPANY TYPE: NEWSPAPER
FAIRFIELD, MT 59436

SBA Loan Lender

FIRST NATIONAL BANK - FAIRFIELD
321 CENTRAL AVE
FAIRFIELD, MT 59436

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2711 - Newspaper

NAICS Code

511110 - Newspaper Publishers

Loan Approval Date

9/21/2000

Loan Approval Gross Amount

$105,000

Loan Approval from the SBA

Of the total $105,000 loan amount, the SBA guaranteed $78,750.

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 4 employees. The loan application did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.

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 way to raise money

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Small Business Credit Cards

Who Lends Money to Small Businesses in Fairfield, Montana

SBA Montana Banks