Montana Entrepreneur Secures Financing to Buy Floor-To-Ceiling Store Franchise
Need a loan to purchase a Floor-To-Ceiling Store franchise? Mountain W. Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Floor-To-Ceiling Store franchise shouldn't be too tough. In 2006, Mountain W. Bank issued an SBA franchise loan to an entrepreneur in Victor, Montana. Because Floor-To-Ceiling Store was registered with the SBA's registry of franchises, this Montana small business loan was issued on an expedited basis.
SBA Loan Borrower
BITTERROOT FLOOR TO CEILING
VICTOR, MT 59875
SBA Loan Lender
MOUNTAIN W. BANK
1821 S AVE WEST
MISSOULA, MT 59801
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide commercial loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
442210 - Floor Covering Stores
Loan Approval Date
3/28/2006
Loan Approval Gross Amount
$80,000
Loan Approval from the SBA
Of the total $80,000 loan amount, the SBA guaranteed $68,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Floor-To-Ceiling Store franchise. At the time of the loan, the company
had 8 employees. The loan application did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Mountain W. Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Floor-To-Ceiling Store
Business Line of Credit
Where to Get an SBA Loan in Missoula, Montana
Montana SBA 7A Lenders