Business Loan from Zions First National Bank Given to Drycleaning Plants Company
Zions First National Bank has a track record as a leading provider of SBA loans. Find out how this Montana entrepreneur received an SBA loan from them.
Getting a small business loan in Great Falls, Montana was an essential business goal for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Zions First National Bank, operating out of West Valley City, Utah. Here are the details on this Montana small business loan.
SBA Loan Borrower
COMPANY TYPE: DRYCLEANING PLANTS
GREAT FALLS, MT 59401
SBA Loan Lender
ZIONS FIRST NATIONAL BANK
2460 SOUTH 3270 WEST, SBA DEP
WEST VALLEY CITY, UT 84119
This loan for a small business was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7216 - Drycleaning Plants
NAICS Code
812320 - Drycleaning and Laundry Services
Loan Approval Date
2/23/2000
Loan Approval Gross Amount
$175,000
Loan Approval from the SBA
Of the total $175,000 loan amount, the SBA guaranteed $131,250.
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 10 employees. The SBA loan documents did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.
We can help you find the best banks for small businesses in Great Falls or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
How to Raise Money
Find an SBA Lender in West Valley City, Utah
Utah SBA Banks