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November 22, 2024  
 
 
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Where to Get a Bank Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Wheat Montana Bakery & Deli Franchise

Need a loan to buy a Wheat Montana Bakery & Deli franchise? Two Rivers Bank has a history of making these loans and they are guaranteed by the SBA.

Wheat Montana Bakery & Deli franchise loans are available to Milltown, Montana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Two Rivers Bank, based in Milltown, Montana, issued an SBA franchise loan for a Wheat Montana Bakery & Deli franchise in 2002. We've got all the details on this Montana small business loan.

SBA Loan Borrower

WHEAT MONTANA BAKERY & DELI
MILLTOWN, MT 59851

SBA Loan Lender

TWO RIVERS BANK
7676 HWY 200
MILLTOWN, MT 59851

This was a Low Documentation SBA loan. The SBA created this program to reduce the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311811 - Retail Bakeries

Loan Approval Date

12/26/2002

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Wheat Montana Bakery & Deli franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the company promised 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 money to small business owners for working capital for other expenses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $150,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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