Raising Money for Sporting Goods Stores

Looking for business loans for sporting goods stores? Try the SBA. This $65,200 sporting goods stores loan was issued by a Montana bank.

Getting a small business loan in Deer Lodge, Montana was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Peoples Bank Of Deer Lodge, operating out of Deer Lodge, Montana. Here are the details on this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: SPORTING GOODS STORES AND BICYCLE SHOPS
DEER LODGE, MT 59722

SBA Loan Lender

PEOPLES BANK OF DEER LODGE
430 MAIN ST
DEER LODGE, MT 59722

This lender issued this particular debt financing 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.

SIC Code

5941 - Sporting Goods Stores and Bicycle Shops

NAICS Code

451110 - Sporting Goods Stores

Loan Approval Date

1/24/2000

Loan Approval Gross Amount

$65,200

Loan Approval from the SBA

Of the total $65,200 loan amount, the SBA guaranteed $52,160.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

We can help you find the best banks for small businesses in Deer Lodge 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.

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