How to Get a Loan for Pharmacies and Drug Stores

Looking for SBA loans for pharmacies and drug stores? An SBA loan may be just what you've been looking for. This $300,000 pharmacies and drug stores loan was issued by a Montana bank.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with First Interstate Bank, out of Missoula, Montana. The loan was granted and they received $300,000 to help grow their Frenchtown, Montana business.

SBA Loan Borrower

COMPANY TYPE: PHARMACIES AND DRUG STORES
FRENCHTOWN, MT 59834

SBA Loan Lender

FIRST INTERSTATE BANK
101 E FRONT
MISSOULA, MT 59802

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

446110 - Pharmacies and Drug Stores

Loan Approval Date

11/9/2007

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First Interstate Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Microlending as a Small Business Funding Source

SBA 7A Banks for Missoula, Montana Loans

Where to Get an SBA Loan Montana