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May 14, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Bozeman, Business Loans > Big Sky Western Bank Bozeman Business Loans > Convenience Stores Loan | ||||
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Montana Bank SBA Loans
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Big Sky Western Bank SBA Loan to Convenience Stores CompanyBig Sky Western Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Montana entrepreneur was able to get a loan to take a small business to the next level. This small firm knew how to go about getting a business bank loan. Based in Gallatin Gateway, Montana, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was Big Sky Western Bank, based in Bozeman, Montana. SBA Loan Borrower COMPANY TYPE: CONVENIENCE STORES SBA Loan Lender BIG SKY WESTERN BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445120 - Convenience Stores Loan Approval Date 8/26/2004 Loan Approval Gross Amount $685,000 Loan Approval from the SBA Of the total $685,000 loan amount, the SBA guaranteed $513,750. 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 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Big Sky Western Bank 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. Related Links: SBA 7A Banks in Bozeman, Montana
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