 |
 |
May 17, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Montana Business Loan Sources > Spokane, Business Loans > Sterling Savings Bank Spokane Business Loans > Coin-Operated Laundries And Drycleaners Loan | ||||
 |
||||
SBA Lender Billings Montana
|
||||
 |
Billings, Montana Entrepreneur Gets an SBA LoanSearching for a Montana business loan? This Montana entrepreneur got a business loan, provided by a Washington bank that works with the SBA to help small business owners. Getting a small business loan in Billings, Montana was a top priority for this SBA-financed company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Sterling Savings Bank. Here are the details on this Montana small business loan. SBA Loan Borrower COMPANY TYPE: COIN-OPERATED LAUNDRIES AND DRYCLEANERS SBA Loan Lender STERLING SAVINGS BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812310 - Coin-Operated Laundries and Drycleaners Loan Approval Date 3/12/2004 Loan Approval Gross Amount $76,800 Loan Approval from the SBA Of the total $76,800 loan amount, the SBA guaranteed $65,280. 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 only one employee. The SBA loan documents did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. We can help you find the best banks for small businesses in Billings or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: A Company That Helps Entrepreneurs Best Banks for Small Business in Spokane, Washington
|
|
||
|
||||
|
|
||||