SBA Loans for Telecommunications Resellers

With these SBA loans for telecommunications resellers, the SBA guarantees the lender that the loan will be repaid. This telecommunications resellers loan for $114,600 was given to a Montana entrepreneur in 2001.

This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Mountain W. Bank - Kalispell Nat, out of Kalispell, Montana. The loan was granted and they received $114,600 to help grow their Kalispell, Montana business.

SBA Loan Borrower

COMPANY TYPE: TELECOMMUNICATIONS RESELLERS
KALISPELL, MT 59901

SBA Loan Lender

MOUNTAIN W. BANK - KALISPELL NAT
444 W IDAHO 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. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

513330 - Telecommunications Resellers

Loan Approval Date

4/4/2001

Loan Approval Gross Amount

$114,600

Loan Approval from the SBA

Of the total $114,600 loan amount, the SBA guaranteed $97,410.

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 2 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This SBA loan was for $114,600. How would you spend $114,600 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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Who Lends Money to Small Businesses in Kalispell, Montana

Getting an SBA Loan in Montana