Recreational and Vacation Camps Loans
With these loans for recreational and vacation camps, the SBA guarantees the lender that the loan will be repaid. This recreational and vacation camps loan for $150,000 was given to a Montana entrepreneur in 2002.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Seeley Lake, Montana was able to borrow $150,000 from First Security Bank - Missoula. The SBA made the loan possible by guaranteeing $127,500 of this Montana small business loan.
SBA Loan Borrower
COMPANY TYPE: RECREATIONAL AND VACATION CAMPS
SEELEY LAKE, MT 59868
SBA Loan Lender
FIRST SECURITY BANK - MISSOULA
1704 DEARBORN AVE
MISSOULA, MT 59801
This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
721214 - Recreational and Vacation Camps
Loan Approval Date
5/2/2002
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 20 employees. This SBA loan request indicated that the loan would help retain 20 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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