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November 21, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Spokane, Business Loans > Sterling Savings Bank Spokane Business Loans > Special Trade Contractors Loan | ||||
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Best Banks for Lolo Business Owners
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Lolo, Montana Entrepreneur Gets a Bank LoanMontanaSmall business loans are available to Montana small business owners through the SBA. In this case, a Washington bank provides the loan. You can learn something about getting a small business loan in Lolo, Montana by studying this loan to a local company, made back in 2000. Banks like Sterling Savings Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: SPECIAL TRADE CONTRACTORS SBA Loan Lender STERLING SAVINGS BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1799 - Special Trade Contractors Loan Approval Date 5/26/2000 Loan Approval Gross Amount $125,000 Loan Approval from the SBA Of the total $125,000 loan amount, the SBA guaranteed $93,750. 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 4 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business If you need business start up money in Lolo MT, you ought to talk with a local Lolo SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lolo businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $125,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: SBA Approved Banks in Spokane, Washington
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