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October 31, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Butte, Business Loans > Wells Fargo Bank Butte Business Loans > New Single-Family Housing Construction Loan | ||||
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Montana SBA 7A Lenders
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Entrepreneur Works With Butte, Montana Bank to Get an SBA LoanGet business loans from a Butte, Montana bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Wells Fargo Bank is a Butte, 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: NEW SINGLE-FAMILY HOUSING CONSTRUCTION SBA Loan Lender WELLS FARGO BANK This lender issued this loan for a small business under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 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 236115 - New Single-Family Housing Construction Loan Approval Date 7/25/2005 Loan Approval Gross Amount $148,000 Loan Approval from the SBA Of the total $148,000 loan amount, the SBA guaranteed $125,800. More Information on This SBA Loan The borrower borrowed this money for an existing 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 small business promised to use the loan proceeds to add employees 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. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: SBA 7A Banks in Butte, Montana Getting an SBA Loan in Montana
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