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November 14, 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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How Hard Is It to Get a Small Business Loan in Lolo, Montana?
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Raising Money for Special Trade ContractorsLooking for business loans for special trade contractors? The SBA may be the answer. This $115,000 special trade contractors loan was issued by a Washington bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lolo, Montana was able to borrow $115,000 from Sterling Savings Bank. The SBA made the loan possible by guaranteeing $86,250 of this Montana 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 loan for a small business was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 235990 - Special Trade Contractors Loan Approval Date 6/18/2003 Loan Approval Gross Amount $115,000 Loan Approval from the SBA Of the total $115,000 loan amount, the SBA guaranteed $86,250. 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 6 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. We can help you find the best banks for small businesses in Lolo 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. Related Links: Banking Deregulation's Effects on Entrepreneurship Who Lends Money to Small Businesses in Spokane, Washington Getting an SBA Loan in Washington
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