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May 10, 2024  
 
 
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Montana Bank SBA Loans

 

 
Loan Census SBA Loan Info

State Bank & Trust SBA Loan to Lumber And Other Building Materials Dealer Company

Searching for a Montana SBA loan? Here's one Montana business loan that was approved by the SBA.

This local small business knew how to go about getting a business bank loan. Based in Dillon, Montana, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was State Bank & Trust, based in Dillon, Montana.

SBA Loan Borrower

COMPANY TYPE: LUMBER AND OTHER BUILDING MATERIALS DEALER
DILLON, MT 59725

SBA Loan Lender

STATE BANK & TRUST
110 S IDAHO ST
DILLON, MT 59725

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5211 - Lumber and Other Building Materials Dealer

NAICS Code

421310 -

Loan Approval Date

6/19/2000

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $112,500.

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 12 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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 State Bank & Trust 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:

Determining Proper Capital Structure for a Business

Find an SBA Lender in Dillon, Montana

Find an SBA Lender in Montana