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December 19, 2024  
 
 
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Is It Possible to Borrow Money for a Franchise in Great Falls, Montana?

 

 
Loan Census SBA Loan Info

Montana Entrepreneur Secures Financing to Buy Sign-A-Rama Franchise

Borrowing money to purchase a Sign-A-Rama franchise? First Interstate Bank has a history of making these loans and they are guaranteed by the SBA.

Sign-A-Rama franchise loans are available to Great Falls, Montana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Interstate Bank, based in Great Falls, Montana, issued an SBA franchise loan for a Sign-A-Rama franchise in 2003. We've got all the details on this Montana small business loan.

SBA Loan Borrower

SIGN-A-RAMA OF GREAT FALLS
GREAT FALLS, MT 59405

SBA Loan Lender

FIRST INTERSTATE BANK
425 1ST AVE NORTH
GREAT FALLS, MT 59401

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339950 - Sign Manufacturing

Loan Approval Date

11/26/2003

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $55,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Sign-A-Rama franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

SIGN*A*RAMA

Business Line of Credit

SBA Approved Banks in Great Falls, Montana

Getting an SBA Loan in Montana