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

Yellowstone Bank SBA 7A Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Cellular and Wireless

Looking for small business loans for cellular and wireless? An SBA loan may be just what you've been looking for. This $15,000 cellular and wireless loan was issued by a Montana bank.

This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Yellowstone Bank, out of Billings, Montana. The loan was granted and they received $15,000 to help grow their Billings, Montana business.

SBA Loan Borrower

COMPANY TYPE: CELLULAR AND WIRELESS
BILLINGS, MT 59105

SBA Loan Lender

YELLOWSTONE BANK
2000 OVERLAND AVE
BILLINGS, MT 59102

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

513322 - Cellular and Wireless

Loan Approval Date

9/18/2002

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $12,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Find Start-Up Capital

SBA Banks in Billings, Montana

Montana SBA 7A Lenders