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May 4, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Phoenix, Business Loans > Wells Fargo Bank Phoenix Business Loans > Highway And Street Construction Loan | ||||
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How to Get SBA Loans in Libby, Montana
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How to Get a Loan for Highway and Street ConstructionLooking for business loans for highway and street construction? The SBA may be the answer. This $226,000 highway and street construction loan was issued by an Arizona bank. This small business knew how to go about getting a business bank loan. Based in Libby, Montana, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Wells Fargo Bank, based in Phoenix, Arizona. SBA Loan Borrower COMPANY TYPE: HIGHWAY AND STREET CONSTRUCTION SBA Loan Lender WELLS FARGO BANK This lender provides SBA bank 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. SIC Code 1611 - Highway and Street Construction NAICS Code 234110 - Highway and Street Construction Loan Approval Date 5/26/2000 Loan Approval Gross Amount $226,000 Loan Approval from the SBA Of the total $226,000 loan amount, the SBA guaranteed $169,500. 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 3 employees. The SBA loan documents indicated that the loan would help generate 11 new jobs and retain 3 existing jobs. Getting an SBA Loan For Your 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. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $226,000 loan. Remember, where there is a will, there is a way! 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: A Company That Helps Entrepreneurs SBA Approved Banks in Phoenix, Arizona
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