Entrepreneur Works With Wolf Point, Montana Bank to Get an SBA Loan

Want to talk with a Wolf Point, Montana bank about an SBA loan? Here's one Montana business loan, issued by a Wolf Point bank, that was approved by the SBA.

Applying for an SBA loan with Western Bank Of Wolf Point worked out well for our friends at one local business in Wolf Point, Montana. They received an SBA loan for $120,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: DENTISTS
WOLF POINT, MT 59201

SBA Loan Lender

WESTERN BANK OF WOLF POINT
111 3RD AVE SOUTH
WOLF POINT, MT 59201

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

6/30/2005

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $102,000.

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 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Western Bank Of Wolf Point 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:

The Art of Bootstrapping

Small Business Banks in Wolf Point, Montana

Getting a Business Loan in Montana