Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Plentywood SBA Lenders

 

 
Loan Census SBA Loan Info

Plentywood, Montana Bank Lends Money to Oil And Gas Pipeline And Related Structures Construction Company in Reserve, Montana

Find Plentywood, Montana banks that specialize in SBA loans and know how to work with entrepreneurs. Stockman Bank Of Montana is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Reserve, Montana starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Stockman Bank Of Montana. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: OIL AND GAS PIPELINE AND RELATED STRUCTURES CONSTRUCTION
RESERVE, MT 59258

SBA Loan Lender

STOCKMAN BANK OF MONTANA
102 N MAIN ST
PLENTYWOOD, MT 59254

This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

237120 - Oil and Gas Pipeline and Related Structures Construction

Loan Approval Date

1/19/2007

Loan Approval Gross Amount

$999,000

Loan Approval from the SBA

Of the total $999,000 loan amount, the SBA guaranteed $749,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 28 employees. The loan application did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Role of Business Plan When Raising Money

Banks in Plentywood, Montana

Montana SBA 7A Lenders