Montana Entrepreneur Secures Financing to Buy Insty-Prints Franchise

Borrowing money to purchase an Insty-Prints franchise? First National Bank - Montana Inc. has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Kalispell, Montana needed money to invest in an Insty-Prints franchise back in 2002. First National Bank - Montana Inc. issued an SBA franchise loan. Here are the details on this Montana small business loan.

SBA Loan Borrower

INSTY PRINTS
KALISPELL, MT 59901

SBA Loan Lender

FIRST NATIONAL BANK - MONTANA INC.
85 N MAIN ST
KALISPELL, MT 59901

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323114 - Quick Printing

Loan Approval Date

1/17/2002

Loan Approval Gross Amount

$663,670

Loan Approval from the SBA

Of the total $663,670 loan amount, the SBA guaranteed $497,753.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Insty-Prints franchise. At the time of the loan, the company had 12 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First National Bank - Montana Inc. that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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SBA Participating Banks in Kalispell, Montana

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