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January 22, 2025 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Kalispell, Business Loans > Three Rivers Bank Of Montana Kalispell Business Loans > Logging Loan | ||||
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Getting an SBA Loan in Kalispell, Montana
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Montana Business Loan Issued to Logging CompanyMontanaSmall business loans are available to Montana small business owners through the SBA. In this case, a Montana bank provides the loan. You can learn something about getting a small business loan in Kalispell, Montana by studying this loan to a local company, made back in 2007. Banks like Three Rivers Bank Of Montana may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: LOGGING SBA Loan Lender THREE RIVERS BANK OF MONTANA The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 113310 - Logging Loan Approval Date 10/19/2007 Loan Approval Gross Amount $108,400 Loan Approval from the SBA Of the total $108,400 loan amount, the SBA guaranteed $54,200. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job. Next Steps for Getting an SBA Loan SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Three Rivers Bank Of Montana had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Three Rivers Bank Of Montana 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: Who Lends Money to Small Businesses in Kalispell, Montana
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