Glacier Bank SBA Loan to Eating Places Company
Want a Montana business loan? Here's one Montana business loan that was approved by the SBA.
This small business needed an SBA business loan in Kalispell, Montana back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Glacier Bank, operating out of Kalispell, Montana. Here are the details on this Montana small business loan.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
KALISPELL, MT 59901
SBA Loan Lender
GLACIER BANK
202 MAIN ST
KALISPELL, MT 59901
This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
SIC Code
5812 - Eating Places
Loan Approval Date
3/22/2000
Loan Approval Gross Amount
$19,500
Loan Approval from the SBA
Of the total $19,500 loan amount, the SBA guaranteed $9,750.
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. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Getting an SBA Loan For Your Business
Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
While you may be able to find other ways to get money to start a business, 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.
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