Loan Census Banking News and Information
May 14, 2024  
 
 
  Business Loan Information  
 

Bozeman SBA Lenders

 

 
Loan Census SBA Loan Info

Bozeman, Montana Lender Lends Money to Child Day Care Services Company

Get small business loans from a Bozeman, Montana bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

First Interstate Bank is a Bozeman, 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: CHILD DAY CARE SERVICES
BOZEMAN, MT 59715

SBA Loan Lender

FIRST INTERSTATE BANK
2800 W MAIN ST
BOZEMAN, MT 59715

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

624410 - Child Day Care Services

Loan Approval Date

4/4/2002

Loan Approval Gross Amount

$55,000

Loan Approval from the SBA

Of the total $55,000 loan amount, the SBA guaranteed $46,750.

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 4 employees. The loan application did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

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 First Interstate 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:

Angel Investors

SBA Banks in Bozeman, Montana

Find an SBA Lender in Montana