Where to Get Capital for Temporary Help Services
With these small business loans for temporary help services, the SBA guarantees the lender that the loan will be repaid. This temporary help services loan for $75,000 was given to a Montana entrepreneur in 2003.
This company knew how to go about getting a business bank loan. Based in Missoula, Montana, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was First Security Bank - Missoula, based in Missoula, Montana.
SBA Loan Borrower
COMPANY TYPE: TEMPORARY HELP SERVICES
MISSOULA, MT 59801
SBA Loan Lender
FIRST SECURITY BANK - MISSOULA
1704 DEARBORN AVE
MISSOULA, MT 59801
The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
561320 - Temporary Help Services
Loan Approval Date
12/4/2003
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $37,500.
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 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Obtaining Funding - Getting Venture Capital
Best Banks for Small Business in Missoula, Montana
Getting an SBA Loan in Montana