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May 5, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Billings, Business Loans > Stockman Bank Of Montana Billings Business Loans > Radio Shack Loan | ||||
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Stockman Bank Of Montana Small Business Franchise Loan
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Loan to Buy Radio Shack Franchise Issued By Stockman Bank Of MontanaBorrowing money to buy a Radio Shack franchise? Stockman Bank Of Montana has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Billings, Montana needed money to invest in a Radio Shack franchise back in 2006. Stockman Bank Of Montana issued an SBA franchise loan. Here are the details on this Montana small business loan. SBA Loan Borrower RADIO SHACK SBA Loan Lender STOCKMAN BANK OF MONTANA SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 443111 - Household Appliance Stores Loan Approval Date 2/1/2006 Loan Approval Gross Amount $287,000 Loan Approval from the SBA Of the total $287,000 loan amount, the SBA guaranteed $215,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Radio Shack franchise. At the time of the loan, the company had 5 employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. 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: Obtaining Funding From a Venture Capitalist Find an SBA Lender in Billings, Montana
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