Hardin, Montana Entrepreneur Gets a Business Loan
Looking to get a Montana bank loan? This Montana entrepreneur got a bank loan, provided by a Montana bank that works with the SBA to help small business owners.
Getting a small business loan in Hardin, Montana was a top priority for this loan applicant back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Stockman Bank Of Montana. Here are the details on this Montana small business loan.
SBA Loan Borrower
COMPANY TYPE: READY-MIX CONCRETE MANUFACTURING
HARDIN, MT 59034
SBA Loan Lender
STOCKMAN BANK OF MONTANA
101 S CENTRAL AVE
SIDNEY, MT 59270
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
327320 - Ready-Mix Concrete Manufacturing
Loan Approval Date
4/27/2004
Loan Approval Gross Amount
$258,600
Loan Approval from the SBA
Of the total $258,600 loan amount, the SBA guaranteed $193,950.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 3 employees. This SBA loan request indicated that the funding would help generate 3 new jobs.
Start the Process for Getting an SBA Loan Today!
Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $258,600 loan. Remember, anyone can do it... so why not you?
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:
Business Incubators
Best Sidney, Montana Banks for Small Business
Find an SBA Lender in Montana