Business Loans for Graphic Design Services
Looking for business loans for graphic design services? Talk to a banker who works with the SBA. This $48,000 graphic design services loan was issued by a Montana bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Kalispell, Montana was able to borrow $48,000 from Glacier Bank. The SBA made the loan possible by guaranteeing $40,800 of this Montana small business loan.
SBA Loan Borrower
COMPANY TYPE: OUTDOOR ADVERTISING SERVICES
KALISPELL, MT 59901
SBA Loan Lender
GLACIER BANK
202 MAIN ST
KALISPELL, MT 59901
This was a Low Documentation SBA loan. The SBA launched this program to limit the paperwork associated with getting a loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7312 - Outdoor Advertising Services
NAICS Code
541430 - Graphic Design Services
Loan Approval Date
12/29/2000
Loan Approval Gross Amount
$48,000
Loan Approval from the SBA
Of the total $48,000 loan amount, the SBA guaranteed $40,800.
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 documents did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $48,000 loan. Remember, things become real when you believe you can achieve them!
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:
Small Business Loan
Good Banks for Small Business in Kalispell, Montana
Getting a Business Loan in Montana