Montana Small Business Loan Issued to Air-Conditioning And Warm Air Heating Equipment Company

Business loans in Montana are hard to find these days. We take a look at one Montana business loan, provided by a Montana bank, that was approved by the SBA.

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

SBA Loan Borrower

COMPANY TYPE: AIR-CONDITIONING AND WARM AIR HEATING EQUIPMENT
HELENA, MT 59601

SBA Loan Lender

YELLOWSTONE BANK
12 1ST AVE
LAUREL, MT 59044

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

333415 - Air-Conditioning and Warm Air Heating Equipment

Loan Approval Date

6/6/2006

Loan Approval Gross Amount

$112,000

Loan Approval from the SBA

Of the total $112,000 loan amount, the SBA guaranteed $95,200.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 11 employees. The SBA loan application for the borrower indicated that the loan would help retain 11 existing jobs.

Getting an SBA Loan For Your Business

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

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

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Montana SBA Banks