Montana Business Loan Issued to Roofing Contractors Company
SBA loans in Montana are tough to come by these days. We take a look at one Montana SBA loan, provided by a Montana bank, that was approved by the SBA.
Getting a small business loan in Helena, Montana was a top priority for this particular business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Valley Bank Of Helena. Here are the details on this Montana small business loan.
SBA Loan Borrower
COMPANY TYPE: ROOFING CONTRACTORS
HELENA, MT 59602
SBA Loan Lender
VALLEY BANK OF HELENA
3030 N MONTANA AVE
HELENA, MT 59601
This lender provides SBA 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
238160 - Roofing Contractors
Loan Approval Date
6/9/2004
Loan Approval Gross Amount
$214,200
Loan Approval from the SBA
Of the total $214,200 loan amount, the SBA guaranteed $160,650.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 14 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 18 existing jobs.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We can help you find the best banks for small businesses in Helena or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Determining Proper Capital Structure for a Business
SBA Approved Banks in Helena, Montana
Getting an SBA Loan in Montana