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May 20, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Miles City, Business Loans > Stockman Bank Of Montana Miles City Business Loans > Specialized Local Freight Trucking Loan | ||||
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SBA Lenders in Montana
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Crane, Montana Business Gets SBA-Guaranteed Funding from Stockman Bank Of MontanaStockman Bank Of Montana has a track record as a leading provider of SBA loans. Find out how this Montana entrepreneur received an SBA loan from them. This business knew how to go about getting a business bank loan. Based in Crane, Montana, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Stockman Bank Of Montana, based in Miles City, Montana. SBA Loan Borrower COMPANY TYPE: SPECIALIZED LOCAL FREIGHT TRUCKING SBA Loan Lender STOCKMAN BANK OF MONTANA This lender issued this particular commercial loan 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 484220 - Specialized Local Freight Trucking Loan Approval Date 2/16/2005 Loan Approval Gross Amount $72,500 Loan Approval from the SBA Of the total $72,500 loan amount, the SBA guaranteed $61,625. 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 loan application did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Borrowing Money from Friends and Family Where to Get an SBA Loan in Miles City, Montana
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