Montana Bank Loan Issued to Building Material Dealers Company
MontanaSmall business loans are available to Montana small business owners through the SBA. In this case, a Montana bank provides the loan.
Getting a small business loan in Kalispell, Montana was a top priority for this small company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Three Rivers Bank Of Montana. Here are the details on this Montana small business loan.
SBA Loan Borrower
COMPANY TYPE: BUILDING MATERIAL DEALERS
KALISPELL, MT 59901
SBA Loan Lender
THREE RIVERS BANK OF MONTANA
552 N MERIDIAN RD
KALISPELL, MT 59901
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
444190 - Building Material Dealers
Loan Approval Date
6/19/2002
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 4 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
Realistic Debt Financing Options
Where to Get an SBA Loan in Kalispell, Montana
Montana SBA Bank Lenders