First Interstate Bank Provides SBA Loan to Buy Taco John's Franchise

Need money to purchase a Taco John's franchise? First Interstate Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Taco John's franchise? If so, here's a 2003 SBA franchise loan that you should know about. First Interstate Bank was the lender and the entrepreneur was based in Hamilton, Montana.

SBA Loan Borrower

JWK BROWNLEE, INC.
HAMILTON, MT 59840

SBA Loan Lender

FIRST INTERSTATE BANK
1501 N 1ST ST
HAMILTON, MT 59840

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

3/19/2003

Loan Approval Gross Amount

$60,200

Loan Approval from the SBA

Of the total $60,200 loan amount, the SBA guaranteed $45,150.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Taco John's franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

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

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First Interstate Bank and they will explain how you can get an SBA loan for your company.

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:

Taco John's International

Raising VC Money for Social Networking Companies

SBA Participating Banks in Hamilton, Montana

Montana SBA 7A Lenders