SBA Loan from Treasure State Bank Helps Video Tape And Disc Rental Company

An SBA loan from Treasure State Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Lolo, Montana business owner got a $100,000 loan.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Treasure State Bank, out of Missoula, Montana. The loan was granted and they received $100,000 to help grow their Lolo, Montana business.

SBA Loan Borrower

COMPANY TYPE: VIDEO TAPE AND DISC RENTAL
LOLO, MT 59847

SBA Loan Lender

TREASURE STATE BANK
3660 MULLAN RD
MISSOULA, MT 59808

The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

532230 - Video Tape and Disc Rental

Loan Approval Date

9/7/2007

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 10 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 10 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Treasure State Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Treasure State Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Accountant's Role in Securing Financing

Small Bank Loans in Missoula, Montana

Montana SBA Bank Lenders