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May 10, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Bigfork, Business Loans > Flathead Bank Of Bigfork Bigfork Business Loans > Specialized Local Freight Trucking Loan | ||||
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Bigfork, Montana SBA Lenders
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Bigfork, Montana Bank Lends Money to Specialized Local Freight Trucking Company in Bigfork, MontanaGet business loans from a Bigfork, Montana bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Flathead Bank Of Bigfork is a Bigfork, Montana small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Montana company. SBA Loan Borrower COMPANY TYPE: SPECIALIZED LOCAL FREIGHT TRUCKING SBA Loan Lender FLATHEAD BANK OF BIGFORK 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 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 484220 - Specialized Local Freight Trucking Loan Approval Date 8/9/2005 Loan Approval Gross Amount $352,000 Loan Approval from the SBA Of the total $352,000 loan amount, the SBA guaranteed $264,000. 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 7 employees. The SBA loan documents did not indicate that the business promised to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $352,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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:
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