Glacier Bank SBA Loan to Hobby, Toy, And Game Shops Company
Glacier Bank has a track record as a leading provider of SBA loans. Find out how this Montana entrepreneur received an SBA loan from them.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Kalispell, Montana was able to borrow $123,000 from Glacier Bank. The SBA made the loan possible by guaranteeing $92,250 of this Montana small business loan.
SBA Loan Borrower
COMPANY TYPE: HOBBY, TOY, AND GAME SHOPS
KALISPELL, MT 59901
SBA Loan Lender
GLACIER BANK
202 MAIN ST
KALISPELL, MT 59901
This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5945 - Hobby, Toy, and Game Shops
NAICS Code
451120 - Hobby, Toy, and Game Stores
Loan Approval Date
6/2/2000
Loan Approval Gross Amount
$123,000
Loan Approval from the SBA
Of the total $123,000 loan amount, the SBA guaranteed $92,250.
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 2 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Understanding Dilution
SBA Participating Banks in Kalispell, Montana
Montana SBA Bank Lenders