SBA Loan from Mountain W. Bank - Kalispell Nat Helps Camera And Photographic Supplies Stores Company

Mountain W. Bank - Kalispell Nat is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Montana entrepreneur who tapped into the power of SBA loans.

Getting a small business loan in Kalispell, Montana was an essential business goal for this company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Mountain W. Bank - Kalispell Nat, operating out of Kalispell, Montana. Here are the details on this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: CAMERA AND PHOTOGRAPHIC SUPPLIES STORES
KALISPELL, MT 59901

SBA Loan Lender

MOUNTAIN W. BANK - KALISPELL NAT
444 W IDAHO ST
KALISPELL, MT 59901

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

443130 - Camera and Photographic Supplies Stores

Loan Approval Date

6/5/2006

Loan Approval Gross Amount

$169,500

Loan Approval from the SBA

Of the total $169,500 loan amount, the SBA guaranteed $127,125.

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 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.

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

Every year, the SBA guarantees over $10 billion for loans just like this one.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Mountain W. Bank - Kalispell Nat had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Mountain W. Bank - Kalispell Nat made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

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Small Bank Loans in Kalispell, Montana

Getting an SBA Loan in Montana