Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Community Bank, Inc. Polson, Montana

 

 
Loan Census SBA Loan Info

Community Bank, Inc. SBA Loan to Ambulance Services Company

Community Bank, Inc. has a track record as a leading provider of SBA loans. Find out how this Montana entrepreneur received an SBA loan from them.

Getting a small business loan in Polson, Montana was an essential business goal for this company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Community Bank, Inc., operating out of Ronan, Montana. Here are the details on this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: AMBULANCE SERVICES
POLSON, MT 59860

SBA Loan Lender

COMMUNITY BANK, INC.
63239 US HWY 93
RONAN, MT 59864

The lender provided this SBA small business 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

621910 - Ambulance Services

Loan Approval Date

4/3/2006

Loan Approval Gross Amount

$219,900

Loan Approval from the SBA

Of the total $219,900 loan amount, the SBA guaranteed $109,950.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 18 employees. The loan application indicated that the funding would help create 9 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Community Bank, Inc. 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.

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