Entrepreneur Works With Helena, Montana Bank to Get an SBA Loan

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

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

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
SUPERIOR, MT 59872

SBA Loan Lender

MOUNTAIN W. BANK
1225 CEDAR
HELENA, MT 59601

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621111 - Physicians

Loan Approval Date

2/28/2002

Loan Approval Gross Amount

$91,500

Loan Approval from the SBA

Of the total $91,500 loan amount, the SBA guaranteed $77,775.

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 3 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 1 existing job.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in Superior MT, you ought to talk with a local Superior SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Superior businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Mountain W. Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Mountain W. Bank 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.

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