Raising Money for Funeral Homes and Funeral Services

Looking for business loans for funeral homes and funeral services? Talk to a banker who works with the SBA. This $464,300 funeral homes and funeral services loan was issued by a Montana bank.

This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with First Security Bank Of Helena, out of Helena, Montana. The loan was granted and they received $464,300 to help grow their Helena, Montana business.

SBA Loan Borrower

COMPANY TYPE: FUNERAL HOMES AND FUNERAL SERVICES
HELENA, MT 59601

SBA Loan Lender

FIRST SECURITY BANK OF HELENA
1721 11TH AVE
HELENA, MT 59601

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812210 - Funeral Homes and Funeral Services

Loan Approval Date

8/17/2006

Loan Approval Gross Amount

$464,300

Loan Approval from the SBA

Of the total $464,300 loan amount, the SBA guaranteed $348,225.

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 3 employees. The SBA loan documents did not indicate that the business promised to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First Security Bank Of Helena had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First Security Bank Of Helena made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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