Valley Bank Of Helena SBA Loan to Family Clothing Stores Company

Valley Bank Of Helena and the SBA work together to get business loans for growing small businesses. Here's an example of how a Montana entrepreneur was able to get a loan to take a small business to the next level.

This growing company knew how to go about getting a business bank loan. Based in Helena, Montana, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Valley Bank Of Helena, based in Helena, Montana.

SBA Loan Borrower

COMPANY TYPE: FAMILY CLOTHING STORES
HELENA, MT 59601

SBA Loan Lender

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

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448140 - Family Clothing Stores

Loan Approval Date

9/16/2005

Loan Approval Gross Amount

$75,100

Loan Approval from the SBA

Of the total $75,100 loan amount, the SBA guaranteed $63,835.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

If you need money to start business in Helena MT, you ought to talk with a local Helena SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Helena businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Valley Bank Of Helena are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Bank Credit Lines

Small Business Banks in Helena, Montana

Getting an SBA Loan in Montana