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November 15, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Helena, Business Loans > Mountain W. Bank Helena Business Loans > Drinking Places Loan | ||||
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Mountain W. Bank SBA Loan Helena
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Helena, Montana Business Gets SBA-Guaranteed Funding from Mountain W. BankMountain W. Bank is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Montana entrepreneur who tapped into the power of SBA loans. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Helena, Montana was able to borrow $580,000 from Mountain W. Bank. The SBA made the loan possible by guaranteeing $435,000 of this Montana small business loan. SBA Loan Borrower COMPANY TYPE: DRINKING PLACES SBA Loan Lender MOUNTAIN W. BANK This SBA bank loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722410 - Drinking Places Loan Approval Date 8/2/2001 Loan Approval Gross Amount $580,000 Loan Approval from the SBA Of the total $580,000 loan amount, the SBA guaranteed $435,000. 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 23 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees. 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 way to raise money This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for 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: Obtaining Funding - Friends and Family SBA Approved Banks in Helena, Montana SBA Participating Banks in Montana
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