Loan Census Banking News and Information
November 22, 2024  
 
 
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Mountain W. Bank Small Business Franchise Loan

 

 
Loan Census SBA Loan Info

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