Loan Census Banking News and Information
May 8, 2024  
 
 
  Business Loan Information  
 

Lewistown, Montana Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Fabricated Metal Product Manufacturing

With these small business loans for fabricated metal product manufacturing, the SBA guarantees the lender that the loan will be repaid. This fabricated metal product manufacturing loan for $45,000 was given to a Montana entrepreneur in 2002.

This company knew how to go about getting a business bank loan. Based in Lewistown, Montana, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Basin State Bank, based in Lewistown, Montana.

SBA Loan Borrower

COMPANY TYPE: FABRICATED METAL PRODUCT MANUFACTURING
LEWISTOWN, MT 59457

SBA Loan Lender

BASIN STATE BANK
1716 W MAIN
LEWISTOWN, MT 59457

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

332999 - Fabricated Metal Product Manufacturing

Loan Approval Date

5/30/2002

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $38,250.

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 8 employees. 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.

Next Steps for Getting an SBA Loan

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:

Bank Credit Lines

Small Bank Loans in Lewistown, Montana

SBA Montana Banks