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May 11, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Victor, Business Loans > Farmers State Bank Victor Business Loans > Funeral Homes And Funeral Services Loan | ||||
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Farmers State Bank Loans
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Getting an SBA Loan for Funeral Homes and Funeral ServicesWith these commercial loans for funeral homes and funeral services, the SBA guarantees the lender that the loan will be repaid. This funeral homes and funeral services loan for $63,600 was given to a Montana entrepreneur in 2007. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hamilton, Montana was able to borrow $63,600 from Farmers State Bank. The SBA made the loan possible by guaranteeing $54,060 of this Montana small business loan. SBA Loan Borrower COMPANY TYPE: FUNERAL HOMES AND FUNERAL SERVICES SBA Loan Lender FARMERS STATE BANK This lender provides SBA 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 812210 - Funeral Homes and Funeral Services Loan Approval Date 12/28/2007 Loan Approval Gross Amount $63,600 Loan Approval from the SBA Of the total $63,600 loan amount, the SBA guaranteed $54,060. 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 2 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great way to raise money This SBA loan was for $63,600. How would you spend $63,600 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: SBA Approved Banks in Victor, Montana
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