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December 22, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Plentywood, Business Loans > Stockman Bank Of Montana Plentywood Business Loans > Glass And Glazing Contractors Loan | ||||
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Raising Money in Plentywood, Montana With SBA Loans
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Financing for Glass and Glazing ContractorsWith these commercial loans for glass and glazing contractors, the SBA guarantees the lender that the loan will be repaid. This glass and glazing contractors loan for $140,000 was given to a Montana entrepreneur in 2002. This business knew how to go about getting a business bank loan. Based in Plentywood, Montana, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Stockman Bank Of Montana, based in Plentywood, Montana. SBA Loan Borrower COMPANY TYPE: GLASS AND GLAZING CONTRACTORS SBA Loan Lender STOCKMAN BANK OF MONTANA This lender issued this particular SBA small business loan 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 235920 - Glass and Glazing Contractors Loan Approval Date 4/10/2002 Loan Approval Gross Amount $140,000 Loan Approval from the SBA Of the total $140,000 loan amount, the SBA guaranteed $119,000. 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 only one employee. The loan application did not indicate that the small business promised to use the money to hire new employees or retain any existing employees. 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. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Stockman Bank Of Montana are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: SBA Banks in Plentywood, Montana
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