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May 18, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Ronan, Business Loans > Community Bank, Inc. Ronan Business Loans > Independent Artists, Writers, And Performers Loan | ||||
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Requirements for Business Owners On Getting a Loan
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Where to Get Capital for Independent Artists, Writers, and PerformersLooking for small business loans for independent artists, writers, and performers? Try the SBA. This $22,500 independent artists, writers, and performers loan was issued by a Montana bank. This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Community Bank, Inc., out of Ronan, Montana. The loan was granted and they received $22,500 to help grow their St. Ignatius, Montana business. SBA Loan Borrower COMPANY TYPE: INDEPENDENT ARTISTS, WRITERS, AND PERFORMERS SBA Loan Lender COMMUNITY BANK, INC. 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 711510 - Independent Artists, Writers, and Performers Loan Approval Date 11/16/2001 Loan Approval Gross Amount $22,500 Loan Approval from the SBA Of the total $22,500 loan amount, the SBA guaranteed $19,125. More Information on This SBA Loan The borrower borrowed this money for a new 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 4 employees. The loan application did not indicate that the company promised to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Community Bank, Inc. and they will explain how you can get an SBA loan for your company. 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: Best Banks for Small Business in Ronan, Montana Where to Get an SBA Loan Montana
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