Loan Census Banking News and Information
May 14, 2024  
 
 
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Montana Small Business Funding

 

 
Loan Census SBA Loan Info

Where to Get Capital for Dentists

Looking for small business loans for dentists? Try the SBA. This $250,000 dentists loan was issued by a Montana bank.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with First National Bank - Montana Inc., out of Butte, Montana. The loan was granted and they received $250,000 to help grow their Butte, Montana business.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
BUTTE, MT 59701

SBA Loan Lender

FIRST NATIONAL BANK - MONTANA INC.
1940 DEWEY BLVD
BUTTE, MT 59702

This lender issued this SBA bank loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

3/26/2004

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

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 4 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Butte MT, you ought to talk with a local Butte SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Butte businesses.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from First National Bank - Montana Inc. so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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.

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