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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 > General Rental Centers Loan | ||||
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Mountain W. Bank
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Missoula, Montana Business Gets SBA-Guaranteed Funding from Mountain W. BankAn SBA loan from Mountain W. Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Missoula, Montana business owner got a $257,500 loan. Getting a small business loan in Missoula, Montana was an essential business goal for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Mountain W. Bank, operating out of Helena, Montana. Here are the details on this Montana small business loan. SBA Loan Borrower COMPANY TYPE: GENERAL RENTAL CENTERS SBA Loan Lender MOUNTAIN W. BANK This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 532310 - General Rental Centers Loan Approval Date 1/25/2002 Loan Approval Gross Amount $257,500 Loan Approval from the SBA Of the total $257,500 loan amount, the SBA guaranteed $193,125. 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 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs. Next Steps for Getting an SBA Loan SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $257,500 loan. Remember, things become real when you believe you can achieve them! 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: Good Banks for Small Business in Helena, Montana
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