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November 15, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Helena, Business Loans > Mountain W. Bank Helena Business Loans > Eating Places Loan | ||||
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How to Get SBA Money in Missoula, Montana
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Mountain W. Bank Gives Bank Loan to Eating Places CompanyMontanaSmall business loans are available to Montana small business owners through the SBA. In this case, a Montana bank provides the loan. Getting a small business loan in Missoula, Montana was a top priority for this small company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Mountain W. Bank. Here are the details on this Montana small business loan. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender MOUNTAIN W. BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 6/28/2000 Loan Approval Gross Amount $66,200 Loan Approval from the SBA Of the total $66,200 loan amount, the SBA guaranteed $52,960. 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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Mountain W. Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Mountain W. 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: Raising VC Money for Social Networking Companies SBA 7A Banks in Helena, Montana
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