Commercial Loans for Meat Processed from Carcasses

Looking for commercial loans for meat processed from carcasses? Try the SBA. This $83,700 meat processed from carcasses loan was issued by a Montana bank.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Mountain W. Bank, out of Helena, Montana. The loan was granted and they received $83,700 to help grow their Helena, Montana business.

SBA Loan Borrower

COMPANY TYPE: MEAT PROCESSED FROM CARCASSES
HELENA, MT 59601

SBA Loan Lender

MOUNTAIN W. BANK
1225 CEDAR
HELENA, MT 59601

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311612 - Meat Processed from Carcasses

Loan Approval Date

9/19/2007

Loan Approval Gross Amount

$83,700

Loan Approval from the SBA

Of the total $83,700 loan amount, the SBA guaranteed $71,145.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $83,700 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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