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May 14, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Plentywood, Business Loans > Stockman Bank Of Montana Plentywood Business Loans > Meat Markets Loan | ||||
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SBA Lenders in Montana
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Plentywood, Montana Business Gets SBA-Guaranteed Funding from Stockman Bank Of MontanaAn SBA loan from Stockman Bank Of Montana typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Plentywood, Montana business owner got a $58,200 loan. This business knew how to go about getting a business bank loan. Based in Plentywood, Montana, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Stockman Bank Of Montana, based in Plentywood, Montana. SBA Loan Borrower COMPANY TYPE: MEAT MARKETS SBA Loan Lender STOCKMAN BANK OF MONTANA This was a Low Documentation SBA loan. The SBA created this program to minimize the paperwork associated with borrowing money. The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445210 - Meat Markets Loan Approval Date 8/5/2003 Loan Approval Gross Amount $58,200 Loan Approval from the SBA Of the total $58,200 loan amount, the SBA guaranteed $49,470. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to add employees or retain any existing employees. 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. 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: Small Business Banks in Plentywood, Montana
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