Business Loans for Advertising Agencies

With these business loans for advertising agencies, the SBA guarantees the lender that the loan will be repaid. This advertising agencies loan for $130,000 was given to a Montana entrepreneur in 2002.

This business knew how to go about getting a business bank loan. Based in Kalispell, Montana, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Glacier Bank Of Whitefish, based in Whitefish, Montana.

SBA Loan Borrower

COMPANY TYPE: ADVERTISING AGENCIES
KALISPELL, MT 59901

SBA Loan Lender

GLACIER BANK OF WHITEFISH
319 E SECOND ST
WHITEFISH, MT 59937

This was a Low Documentation SBA loan. The SBA launched this program to minimize the paperwork associated with borrowing money. The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541810 - Advertising Agencies

Loan Approval Date

11/12/2002

Loan Approval Gross Amount

$130,000

Loan Approval from the SBA

Of the total $130,000 loan amount, the SBA guaranteed $110,500.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. This SBA loan request did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

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

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

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:

The Friends and Family Network

Good Banks for Small Business in Whitefish, Montana

Montana SBA Banks