Loan Census Banking News and Information
May 10, 2024  
 
 
  Business Loan Information  
 

Valley Bank Of Helena Helena, Montana

 

 
Loan Census SBA Loan Info

Business Loan from Valley Bank Of Helena Given to Landscaping Services Company

An SBA loan from Valley Bank Of Helena typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Helena, Montana business owner got a $15,200 loan.

This small firm knew how to go about getting a business bank loan. Based in Helena, Montana, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Valley Bank Of Helena, based in Helena, Montana.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
HELENA, MT 59602

SBA Loan Lender

VALLEY BANK OF HELENA
3030 N MONTANA AVE
HELENA, MT 59601

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

2/14/2007

Loan Approval Gross Amount

$15,200

Loan Approval from the SBA

Of the total $15,200 loan amount, the SBA guaranteed $7,600.

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 only one employee. The loan application indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Valley Bank Of Helena had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Valley Bank Of Helena made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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