SBA Loan from Rocky Mountain Bank Helps Real Estate Agents And Brokers Company

An SBA loan from Rocky Mountain Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Kalispell, Montana business owner got a $518,700 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Kalispell, Montana was able to borrow $518,700 from Rocky Mountain Bank. The SBA made the loan possible by guaranteeing $389,025 of this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: REAL ESTATE AGENTS AND BROKERS
KALISPELL, MT 59901

SBA Loan Lender

ROCKY MOUNTAIN BANK
2615 KING AVE WEST
BILLINGS, MT 59102

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531210 - Real Estate Agents and Brokers

Loan Approval Date

6/5/2007

Loan Approval Gross Amount

$518,700

Loan Approval from the SBA

Of the total $518,700 loan amount, the SBA guaranteed $389,025.

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 14 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 14 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Rocky Mountain Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.

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