Raising Money for Temporary Help Services

Looking for business loans for temporary help services? The SBA may be the answer. This $310,000 temporary help services loan was issued by a Montana bank.

This small business knew how to go about getting a business bank loan. Based in Kalispell, Montana, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was First Interstate Bank, based in Kalispell, Montana.

SBA Loan Borrower

COMPANY TYPE: TEMPORARY HELP SERVICES
KALISPELL, MT 59901

SBA Loan Lender

FIRST INTERSTATE BANK
2 MAIN ST
KALISPELL, MT 59901

This commercial loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending background and a thorough understanding of SBA loan requirements.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561320 - Temporary Help Services

Loan Approval Date

2/19/2002

Loan Approval Gross Amount

$310,000

Loan Approval from the SBA

Of the total $310,000 loan amount, the SBA guaranteed $232,500.

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 5 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

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 First Interstate 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.

Related Links:

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SBA 7A Banks for Kalispell, Montana Loans

Getting a Business Loan in Montana