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November 15, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Sidney, Business Loans > Stockman Bank Of Montana Sidney Business Loans > Personal And Household Goods Repair And Maintenance Loan | ||||
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SBA 7A Banks for Sidney Businesses
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Personal and Household Goods Repair and Maintenance LoansWith these loans for personal and household goods repair and maintenance, the SBA guarantees the lender that the loan will be repaid. This personal and household goods repair and maintenance loan for $58,550 was given to a Montana entrepreneur in 2006. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Sidney, Montana was able to borrow $58,550 from Stockman Bank Of Montana. The SBA made the loan possible by guaranteeing $49,767 of this Montana small business loan. SBA Loan Borrower COMPANY TYPE: PERSONAL AND HOUSEHOLD GOODS REPAIR AND MAINTENANCE SBA Loan Lender STOCKMAN BANK OF MONTANA 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 811490 - Personal and Household Goods Repair and Maintenance Loan Approval Date 5/2/2006 Loan Approval Gross Amount $58,550 Loan Approval from the SBA Of the total $58,550 loan amount, the SBA guaranteed $49,767. 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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Stockman Bank Of Montana had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Stockman Bank Of Montana made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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:
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