Loan Census Banking News and Information
November 15, 2024  
 
 
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Montana Bank SBA Loans

 

 
Loan Census SBA Loan Info

Missoula, Montana Lender Lends Money to Manufacturing Industries Company

Thinking about meeting with a Missoula, Montana bank about a business loan? Here's one Montana business loan, issued by a Missoula bank, that was approved by the SBA.

Applying for an SBA loan with First Security Bank - Missoula worked out well for our friends at one local firm in Missoula, Montana. They received an SBA loan for $201,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: MANUFACTURING INDUSTRIES
MISSOULA, MT 59802

SBA Loan Lender

FIRST SECURITY BANK - MISSOULA
1704 DEARBORN AVE
MISSOULA, MT 59801

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3999 - Manufacturing Industries

NAICS Code

339999 - Manufacturing

Loan Approval Date

8/24/2000

Loan Approval Gross Amount

$201,000

Loan Approval from the SBA

Of the total $201,000 loan amount, the SBA guaranteed $150,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 22 employees. The loan application indicated that the loan would help retain 22 existing jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

We can help you find the best banks for small businesses in Missoula or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Borrowing Money from Friends and Family

Small Bank Loans in Missoula, Montana

SBA Montana Lenders