First Interstate Bank Gives Small Business Loan to Hardware Stores Company
Bank loans in Montana are are few and far betweeen these days. We take a look at one Montana bank loan, provided by a Montana bank, that was approved by the SBA.
You can learn something about getting a small business loan in Livingston, Montana by studying this loan to a local company, made back in 2003. Banks like First Interstate Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: HARDWARE STORES
LIVINGSTON, MT 59047
SBA Loan Lender
FIRST INTERSTATE BANK
2ND & CALLENDER STS
LIVINGSTON, MT 59047
At the time this loan was granted, this bank participated in the SBA's Certified Lenders Program (CLP). This program is designed to ensure fast service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
444130 - Hardware Stores
Loan Approval Date
9/10/2003
Loan Approval Gross Amount
$215,000
Loan Approval from the SBA
Of the total $215,000 loan amount, the SBA guaranteed $161,250.
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 7 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding.
We can help you find the best banks for small businesses in Livingston or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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