Commercial Loans for Drinking Places
Looking for commercial loans for drinking places? An SBA loan may be just what you've been looking for. This $112,000 drinking places loan was issued by a Montana bank.
This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Stockman Bank Of Montana, out of Miles City, Montana. The loan was granted and they received $112,000 to help grow their Joliet, Montana business.
SBA Loan Borrower
COMPANY TYPE: DRINKING PLACES
JOLIET, MT 59041
SBA Loan Lender
STOCKMAN BANK OF MONTANA
700 MAIN ST
MILES CITY, MT 59301
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722410 - Drinking Places
Loan Approval Date
12/28/2006
Loan Approval Gross Amount
$112,000
Loan Approval from the SBA
Of the total $112,000 loan amount, the SBA guaranteed $95,200.
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 loan application indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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
Best Banks for Small Business in Miles City, Montana
Find an SBA Lender in Montana