Small Business Loans for Cattle Feedlots

Looking for small business loans for cattle feedlots? The SBA may be the answer. This $80,000 cattle feedlots loan was issued by a Montana bank.

This small firm knew how to go about getting a business bank loan. Based in Manhattan, Montana, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was First Interstate Bank, based in Bozeman, Montana.

SBA Loan Borrower

COMPANY TYPE: CATTLE FEEDLOTS
MANHATTAN, MT 59741

SBA Loan Lender

FIRST INTERSTATE BANK
2800 W MAIN ST
BOZEMAN, MT 59715

This lender issued this loan for a small business under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

112112 - Cattle Feedlots

Loan Approval Date

10/2/2001

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

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 2 employees. The SBA loan documents did not indicate that the company promised to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

This SBA loan was for $80,000. How would you spend $80,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Getting a Small Business Loan

Banks in Bozeman, Montana

Montana SBA 7A Lenders