Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

Billings, Montana Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Circuit Women In Fitness the Franchise

Need a loan to purchase a Circuit Women In Fitness the franchise? Little Horn State Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Circuit Women In Fitness the franchise may simply require a phone call to a local SBA banker. In 2005, Little Horn State Bank issued an SBA franchise loan to an entrepreneur in Billings, Montana. Because Circuit Women In Fitness the was registered with the SBA's registry of franchises, this Montana small business loan was issued on an expedited basis.

SBA Loan Borrower

THE CIRCUIT WOMEN IN FITNESS
BILLINGS, MT 59102

SBA Loan Lender

LITTLE HORN STATE BANK
835 N CENTER AVE
HARDIN, MT 59034

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

6/16/2005

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Circuit Women In Fitness the franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a business in Billings MT, you ought to talk with a local Billings SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Billings businesses.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Accountant's Role in Securing Financing

SBA Approved Banks in Hardin, Montana

SBA Montana Lenders