Borrow Money to Buy a Great Harvest Bread Co. Franchise

Borrowing money to invest in a Great Harvest Bread Co. franchise? Valley Bank Of Helena has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Great Harvest Bread Co. franchise? If so, here's a 2005 SBA franchise loan that you should know about. Valley Bank Of Helena was the lender and the entrepreneur was based in Helena, Montana.

SBA Loan Borrower

GREAT HARVEST BREAD CO
HELENA, MT 59601

SBA Loan Lender

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

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311811 - Retail Bakeries

Loan Approval Date

11/9/2005

Loan Approval Gross Amount

$153,500

Loan Approval from the SBA

Of the total $153,500 loan amount, the SBA guaranteed $115,125.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Great Harvest Bread Co. franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 9 new jobs and retain 10 existing jobs.

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

SBA loans provide money to small business owners for working capital for other expenses.

There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower.

Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today!

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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Great Harvest Bread Company

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Who Lends Money to Small Businesses in Helena, Montana

SBA Montana Banks