 |
 |
May 10, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Montana Business Loan Sources > Havre, Business Loans > Independence Bank Havre Business Loans > Drinking Places Loan | ||||
 |
||||
We Needed a Commercial Loan in Joplin, Montana and We Got One!
|
||||
 |
Financing for Drinking PlacesLooking for loans for drinking places? Talk to a banker who works with the SBA. This $75,800 drinking places loan was issued by a Montana bank. This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Independence Bank, out of Havre, Montana. The loan was granted and they received $75,800 to help grow their Joplin, Montana business. SBA Loan Borrower COMPANY TYPE: DRINKING PLACES SBA Loan Lender INDEPENDENCE BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722410 - Drinking Places Loan Approval Date 10/11/2001 Loan Approval Gross Amount $75,800 Loan Approval from the SBA Of the total $75,800 loan amount, the SBA guaranteed $64,430. 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 only one employee. This SBA loan request did not indicate that the small business promised 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? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Accountant's Role in Securing Financing
|
|
||
|
||||
|
|
||||