Loan Census Banking News and Information
May 11, 2024  
 
 
  Business Loan Information  
 

SBA Lenders in Montana

 

 
Loan Census SBA Loan Info

Rocky Mountain Bank SBA Loan to Amusement And Theme Parks Company

Rocky Mountain Bank has a track record as a leading provider of SBA loans. Find out how this Montana entrepreneur received an SBA loan from them.

Getting a small business loan in Victor, Montana was an essential business goal for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Rocky Mountain Bank, operating out of Stevensville, Montana. Here are the details on this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND THEME PARKS
VICTOR, MT 59875

SBA Loan Lender

ROCKY MOUNTAIN BANK
220 MAIN ST
STEVENSVILLE, MT 59870

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713110 - Amusement and Theme Parks

Loan Approval Date

11/23/2004

Loan Approval Gross Amount

$1,375,000

Loan Approval from the SBA

Of the total $1,375,000 loan amount, the SBA guaranteed $999,150.

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 10 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

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 Rocky Mountain Bank 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:

Raising VC Money for Social Networking Companies

SBA Participating Banks in Stevensville, Montana

Getting an SBA Loan in Montana