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November 15, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Billings, Business Loans > Yellowstone Bank Billings Business Loans > Drinking Places Loan | ||||
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SBA 7A Banks for Hardin, Montana Small Businesses
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Yellowstone Bank Gives Small Business Loan to Drinking Places CompanyMontanaBusiness loans are available to Montana business owners through the SBA. In this case, a Montana bank provides the loan. This company, based in Hardin, Montana, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Yellowstone Bank. We've got the inside scoop on this Montana small business loan. SBA Loan Borrower COMPANY TYPE: DRINKING PLACES SBA Loan Lender YELLOWSTONE BANK This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. SIC Code 5813 - Drinking Places NAICS Code 722410 - Drinking Places Loan Approval Date 1/24/2000 Loan Approval Gross Amount $99,500 Loan Approval from the SBA Of the total $99,500 loan amount, the SBA guaranteed $49,750. 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 5 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 5 existing jobs. Getting an SBA Loan For Your Business If you are wondering how to raise money for a company in Hardin MT, you ought to talk with a local Hardin SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hardin businesses. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Banking Deregulation's Effects on Entrepreneurship Best Banks for Small Business in Billings, Montana
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