Farm Supplies Merchant Wholesalers Small Business Loans

Looking for small business loans for farm supplies merchant wholesalers? The SBA may be the answer. This $111,131 farm supplies merchant wholesalers loan was issued by a Montana bank.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with First Interstate Bank, out of Billings, Montana. The loan was granted and they received $111,131 to help grow their Miles City, Montana business.

SBA Loan Borrower

COMPANY TYPE: FARM SUPPLIES MERCHANT WHOLESALERS
MILES CITY, MT 59301

SBA Loan Lender

FIRST INTERSTATE BANK
401 N 31ST ST
BILLINGS, MT 59101

This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

424910 - Farm Supplies Merchant Wholesalers

Loan Approval Date

11/1/2006

Loan Approval Gross Amount

$111,131

Loan Approval from the SBA

Of the total $111,131 loan amount, the SBA guaranteed $55,565.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the borrowed money would help generate 1 new job.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First Interstate Bank and they will explain how you can get an SBA loan for your company.

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:

Small Business Credit Cards

SBA 7A Lenders in Billings, Montana

Getting an SBA Loan in Montana