SBA Loan from Valley Bank Of Helena Helps Amusement And Recreation Industries Company
Valley Bank Of Helena has a track record as a leading provider of SBA loans. Find out how this Montana entrepreneur received an SBA loan from them.
Getting a small business loan in Helena, Montana was an essential business goal for this small business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Valley Bank Of Helena, operating out of Helena, Montana. Here are the details on this Montana small business loan.
SBA Loan Borrower
COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES
HELENA, MT 59602
SBA Loan Lender
VALLEY BANK OF HELENA
3030 N MONTANA AVE
HELENA, MT 59601
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
713990 - Amusement and Recreation Industries
Loan Approval Date
6/27/2003
Loan Approval Gross Amount
$31,700
Loan Approval from the SBA
Of the total $31,700 loan amount, the SBA guaranteed $15,850.
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 8 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 5 existing jobs.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
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:
Bank Credit Lines
Where to Get an SBA Loan in Helena, Montana
SBA Lenders in Montana