Loans for Computer and Software Stores

With these loans for computer and software stores, the SBA guarantees the lender that the loan will be repaid. This computer and software stores loan for $58,000 was given to a Montana entrepreneur in 2003.

This company knew how to go about getting a business bank loan. Based in Sidney, Montana, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Stockman Bank Of Montana, based in Sidney, Montana.

SBA Loan Borrower

COMPANY TYPE: COMPUTER AND SOFTWARE STORES
SIDNEY, MT 59270

SBA Loan Lender

STOCKMAN BANK OF MONTANA
101 S CENTRAL AVE
SIDNEY, MT 59270

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

443120 - Computer and Software Stores

Loan Approval Date

7/31/2003

Loan Approval Gross Amount

$58,000

Loan Approval from the SBA

Of the total $58,000 loan amount, the SBA guaranteed $49,300.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

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:

The Friends and Family Network

Banks in Sidney, Montana

SBA Participating Banks in Montana