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November 15, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Missoula, Business Loans > First Security Bank - Missoula Missoula Business Loans > Employment Agencies Loan | ||||
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Montana Bank SBA Loans
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First Security Bank - Missoula SBA Loan to Employment Agencies CompanyLooking to get a Montana SBA loan? Here's one Montana business loan that was approved by the SBA. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Missoula, Montana was able to borrow $150,000 from First Security Bank - Missoula. The SBA made the loan possible by guaranteeing $75,000 of this Montana small business loan. SBA Loan Borrower COMPANY TYPE: EMPLOYMENT AGENCIES SBA Loan Lender FIRST SECURITY BANK - MISSOULA This SBA 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. SIC Code 7361 - Employment Agencies Loan Approval Date 4/24/2000 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 210 employees. This SBA loan request indicated that the loan would help generate 50 new jobs and retain 160 existing jobs. Getting an SBA Loan For Your Business If you want money for new small business in Missoula MT, you ought to talk with a local Missoula SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Missoula businesses. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First Security Bank - Missoula had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First Security Bank - Missoula 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: SBA 7A Lenders in Missoula, Montana
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