Entrepreneur Works With Helena, Montana Bank to Get an SBA Loan
Get SBA loans from a Helena, Montana bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Valley Bank Of Helena is a Helena, Montana small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Montana company.
SBA Loan Borrower
COMPANY TYPE: AUTOMOTIVE OIL CHANGE AND LUBRICATION SHOPS
HELENA, MT 59601
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
811191 - Automotive Oil Change and Lubrication Shops
Loan Approval Date
11/21/2006
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
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 7 employees. The SBA loan application for the borrower indicated that the loan would help retain 7 existing jobs.
Next Steps for Getting an SBA Loan
If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Valley Bank Of Helena so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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.
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