Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

How Do We Get a Business Loan in Helena, Montana?

 

 
Loan Census SBA Loan Info

Borrowing Money for Book Stores

Looking for small business loans for book stores? An SBA loan may be just what you've been looking for. This $60,300 book stores loan was issued by a Montana bank.

This small firm knew how to go about getting a business bank loan. Based in Helena, Montana, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Valley Bank Of Helena, based in Helena, Montana.

SBA Loan Borrower

COMPANY TYPE: BOOK STORES
HELENA, MT 59601

SBA Loan Lender

VALLEY BANK OF HELENA
3030 N MONTANA AVE
HELENA, MT 59601

The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

451211 - Book Stores

Loan Approval Date

8/4/2004

Loan Approval Gross Amount

$60,300

Loan Approval from the SBA

Of the total $60,300 loan amount, the SBA guaranteed $30,150.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 16 employees. This SBA loan request indicated that the loan would help retain 16 existing jobs.

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

Every year, the SBA guarantees over $10 billion for loans just like this one.

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:

Advice on Getting a Small Business Loan

Best Banks in Helena, Montana

SBA Participating Banks in Montana