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

Great Falls, Montana Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Financing for Farm Product Raw Material Wholesalers

Looking for commercial loans for farm product raw material wholesalers? An SBA loan may be just what you've been looking for. This $33,250 farm product raw material wholesalers loan was issued by a Montana bank.

Getting a small business loan in Great Falls, Montana was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Mountain W. Bank, operating out of Great Falls, Montana. Here are the details on this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: FARM PRODUCT RAW MATERIAL WHOLESALERS
GREAT FALLS, MT 59404

SBA Loan Lender

MOUNTAIN W. BANK
12 3RD ST NW
GREAT FALLS, MT 59403

This lender issued this loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

422590 - Farm Product Raw Material Wholesalers

Loan Approval Date

3/8/2002

Loan Approval Gross Amount

$33,250

Loan Approval from the SBA

Of the total $33,250 loan amount, the SBA guaranteed $28,262.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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.

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