White Sulphur Springs, Montana Entrepreneur Gets a Bank Loan

Would a Montana small business loan help your small business to grow and prosper? If so, you may want to talk with this Montana bank, which offers SBA loans to Montana entrepreneurs.

Getting a small business loan in White Sulphur Springs, Montana was a top priority for this small company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Stockman Bank Of Montana. Here are the details on this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: GENERAL MERCHANDISE STORES
WHITE SULPHUR SPRINGS, MT 59645

SBA Loan Lender

STOCKMAN BANK OF MONTANA
800 MAIN
BILLINGS, MT 59105

This loan for a small business was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending background and a thorough understanding of SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

452990 - General Merchandise Stores

Loan Approval Date

3/18/2004

Loan Approval Gross Amount

$204,500

Loan Approval from the SBA

Of the total $204,500 loan amount, the SBA guaranteed $153,375.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Stockman Bank Of Montana and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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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Small Bank Loans in Billings, Montana

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