Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

SBA Lender Philipsburg, Montana

 

 
Loan Census SBA Loan Info

Philipsburg, Montana Bank Lends Money to Sawmills Company in Phillipsburg, Montana

Want to talk with a Philipsburg, Montana bank about an SBA loan? Here's one Montana business loan, issued by a Philipsburg bank, that was approved by the SBA.

Applying for an SBA loan with Flint Creek Valley Bank worked out well for our friends at one local business in Phillipsburg, Montana. The business was able to get an SBA loan for $56,200. Nice!

SBA Loan Borrower

COMPANY TYPE: SAWMILLS
PHILLIPSBURG, MT 59837

SBA Loan Lender

FLINT CREEK VALLEY BANK
139 E BROADWAY
PHILIPSBURG, MT 59858

This lender issued this particular loan for a small business under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

321113 - Sawmills

Loan Approval Date

4/22/2005

Loan Approval Gross Amount

$56,200

Loan Approval from the SBA

Of the total $56,200 loan amount, the SBA guaranteed $47,770.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Phillipsburg MT, you ought to talk with a local Phillipsburg SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Phillipsburg businesses.

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 $56,200 loan. Remember, fight for what you want, and it will be yours!

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:

Accountant's Role in Securing Financing

SBA Approved Banks in Philipsburg, Montana

SBA Participating Banks in Montana