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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 > Pet And Pet Supplies Stores Loan | ||||
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Sidney SBA Lenders
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Sidney, Montana Lender Lends Money to Pet And Pet Supplies Stores CompanyWant to talk with a Sidney, Montana bank about a small business loan? Here's one Montana business loan, issued by a Sidney bank, that was approved by the SBA. Applying for an SBA loan with Stockman Bank Of Montana worked out well for our friends at one local business in Sidney, Montana. The business was able to get an SBA loan for $35,000. Great job! SBA Loan Borrower COMPANY TYPE: PET AND PET SUPPLIES STORES SBA Loan Lender STOCKMAN BANK OF MONTANA This was a Low Documentation SBA loan. The SBA created this program to limit the paperwork associated with getting a loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453910 - Pet and Pet Supplies Stores Loan Approval Date 9/24/2003 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $29,750. 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. The loan application did not indicate that the company planned to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We can help you find the best banks for small businesses in Sidney 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: Where to Get an SBA Loan in Sidney, Montana
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