Loan Census Banking News and Information
May 17, 2024  
 
 
  Business Loan Information  
 

How Hard Is It to Get a Small Business Loan in Billings, Montana?

 

 
Loan Census SBA Loan Info

Dentists Bank Loans

Looking for bank loans for dentists? Talk to a banker who works with the SBA. This $102,400 dentists loan was issued by a Montana bank.

Getting a small business loan in Billings, Montana was important for this growing firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Stockman Bank Of Montana, operating out of Miles City, Montana. Here are the details on this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
BILLINGS, MT 59105

SBA Loan Lender

STOCKMAN BANK OF MONTANA
700 MAIN ST
MILES CITY, MT 59301

This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

5/30/2006

Loan Approval Gross Amount

$102,400

Loan Approval from the SBA

Of the total $102,400 loan amount, the SBA guaranteed $87,040.

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 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

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.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Stockman Bank Of Montana and they will explain how you can get an SBA loan for your company.

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:

Microlending as a Small Business Funding Source

Good Banks for Small Business in Miles City, Montana

SBA Lenders in Montana