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November 22, 2024  
 
 
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Loan Census SBA Loan Info

Farmers State Bank Gives SBA Loan to Physicians Company

MontanaSmall business loans are available to Montana small business owners through the SBA. In this case, a Montana bank provides the loan.

Getting a small business loan in Hamilton, Montana was a top priority for this small company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Farmers State Bank. Here are the details on this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
HAMILTON, MT 59840

SBA Loan Lender

FARMERS STATE BANK
103 MAIN ST
VICTOR, MT 59875

This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

621111 - Physicians

Loan Approval Date

7/13/2006

Loan Approval Gross Amount

$106,800

Loan Approval from the SBA

Of the total $106,800 loan amount, the SBA guaranteed $53,400.

More Information on This SBA Loan

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

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Equity Financing

Small Business Banks in Victor, Montana

SBA Lenders in Montana