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May 19, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Belgrade, Business Loans > Valley Bank - Belgrade A Branch Belgrade Business Loans > Stationery And Office Supplies Wholesalers Loan | ||||
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Belgrade, Montana Bank for SBA Loans
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Stationery and Office Supplies Wholesalers SBA LoansLooking for SBA loans for stationery and office supplies wholesalers? Talk to a banker who works with the SBA. This $660,000 stationery and office supplies wholesalers loan was issued by a Montana bank. This small business knew how to go about getting a business bank loan. Based in Belgrade, Montana, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Valley Bank - Belgrade A Branch, based in Belgrade, Montana. SBA Loan Borrower COMPANY TYPE: STATIONERY AND OFFICE SUPPLIES WHOLESALERS SBA Loan Lender VALLEY BANK - BELGRADE A BRANCH SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 422120 - Stationery and Office Supplies Wholesalers Loan Approval Date 10/6/2004 Loan Approval Gross Amount $660,000 Loan Approval from the SBA Of the total $660,000 loan amount, the SBA guaranteed $495,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The loan application did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Valley Bank - Belgrade A Branch had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Valley Bank - Belgrade A Branch made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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 Belgrade, Montana
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