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May 13, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Butte, Business Loans > First Citizens Bank Of Butte Butte Business Loans > Telecommunications Loan | ||||
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How to Get an SBA Loan in Anaconda, Montana
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First Citizens Bank Of Butte Gives Small Business Loan to Telecommunications CompanyMontanaBusiness loans are available to Montana business owners through the SBA. In this case, a Montana bank provides the loan. You can learn something about getting a small business loan in Anaconda, Montana by studying this loan to a local business, made back in 2002. Banks like First Citizens Bank Of Butte may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: TELECOMMUNICATIONS SBA Loan Lender FIRST CITIZENS BANK OF BUTTE This lender issued this particular loan for a small business under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 513390 - Telecommunications Loan Approval Date 10/15/2002 Loan Approval Gross Amount $89,300 Loan Approval from the SBA Of the total $89,300 loan amount, the SBA guaranteed $75,905. 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 4 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are wondering how to raise money for a company in Anaconda MT, you ought to talk with a local Anaconda SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Anaconda businesses. 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 First Citizens Bank Of Butte 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. Related Links: Find an SBA Lender in Butte, Montana SBA Participating Banks in Montana
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