Entrepreneur Works With Lolo, Montana Bank to Get an SBA Loan

Get small business loans from a Lolo, Montana bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Bitterroot Valley Bank is a Lolo, Montana small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Montana company.

SBA Loan Borrower

COMPANY TYPE: CORRUGATED AND SOLID FIBER BOX MANUFACTURING
MISSOULA, MT 59803

SBA Loan Lender

BITTERROOT VALLEY BANK
LOLO SHPNG CTR
LOLO, MT 59847

This loan for a small business was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

322211 - Corrugated and Solid Fiber Box Manufacturing

Loan Approval Date

10/6/2004

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

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 2 employees. The loan application did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bitterroot Valley Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bitterroot Valley 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:

The Friends and Family Network

Small Bank Loans in Lolo, Montana

SBA Lenders in Montana