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December 22, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Glasgow, Business Loans > Valley Bank Of Glasgow Glasgow Business Loans > Tire Dealers Loan | ||||
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Glasgow, Montana Bank Loan
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SBA Loans for Tire DealersLooking for SBA loans for tire dealers? The SBA may be the answer. This $33,200 tire dealers loan was issued by a Montana bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Glasgow, Montana was able to borrow $33,200 from Valley Bank Of Glasgow. The SBA made the loan possible by guaranteeing $28,220 of this Montana small business loan. SBA Loan Borrower COMPANY TYPE: TIRE DEALERS SBA Loan Lender VALLEY BANK OF GLASGOW The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 441320 - Tire Dealers Loan Approval Date 10/21/2002 Loan Approval Gross Amount $33,200 Loan Approval from the SBA Of the total $33,200 loan amount, the SBA guaranteed $28,220. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Valley Bank Of Glasgow 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:
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