Mountain W. Bank Gives Small Business Loan to Skiing Facilities Company
MontanaBusiness loans are available to Montana business owners through the SBA. In this case, a Montana bank provides the loan.
You can learn something about getting a small business loan in Marysville, Montana by studying this loan to a local business, made back in 2001. Banks like Mountain W. Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: SKIING FACILITIES
MARYSVILLE, MT 59640
SBA Loan Lender
MOUNTAIN W. BANK
1225 CEDAR
HELENA, MT 59601
This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
713920 - Skiing Facilities
Loan Approval Date
12/7/2001
Loan Approval Gross Amount
$422,000
Loan Approval from the SBA
Of the total $422,000 loan amount, the SBA guaranteed $316,500.
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 50 employees. This SBA loan request did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Mountain W. Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Borrowing Money from Friends and Family
Where to Get an SBA Loan in Helena, Montana
Montana SBA 7A Lenders