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

Montana Small Business Funding

 

 
Loan Census SBA Loan Info

Financing for Sporting Goods Stores

Looking for commercial loans for sporting goods stores? Talk to a banker who works with the SBA. This $80,000 sporting goods stores loan was issued by a Montana bank.

Getting a small business loan in Red Lodge, Montana was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Bank - Bridger, operating out of Bridger, Montana. Here are the details on this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: SPORTING GOODS STORES
RED LODGE, MT 59068

SBA Loan Lender

BANK - BRIDGER
101 S MAIN ST
BRIDGER, MT 59014

This lender issued this particular commercial 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

451110 - Sporting Goods Stores

Loan Approval Date

11/30/2004

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

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 2 employees. This SBA loan request did not indicate that the company planned to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in Red Lodge 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:

Obtaining Funding - How to Borrow Money

Best Banks for Small Business in Bridger, Montana

Getting an SBA Loan in Montana