Raising Money for Hardware Stores

Looking for bank loans for hardware stores? Talk to a banker who works with the SBA. This $300,000 hardware stores loan was issued by a Montana bank.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Little Horn State Bank, out of Billings, Montana. The loan was granted and they received $300,000 to help grow their Hardin, Montana business.

SBA Loan Borrower

COMPANY TYPE: HARDWARE STORES
HARDIN, MT 59034

SBA Loan Lender

LITTLE HORN STATE BANK
2850 OLD HARDIN RD
BILLINGS, MT 59107

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

444130 - Hardware Stores

Loan Approval Date

9/6/2005

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

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 6 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

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:

Understanding Dilution

Small Business Banks in Billings, Montana

SBA Participating Banks in Montana