Montana Entrepreneur Secures Financing to Buy Fastsigns Franchise

Need money to purchase a Fastsigns franchise? Mountain W. Bank - Kalispell Nat has a history of making these loans and they are guaranteed by the SBA.

If you live near Kalispell, Montana and are interested in buying a Fastsigns franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Mountain W. Bank - Kalispell Nat. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

BCW, LLC
KALISPELL, MT 59901

SBA Loan Lender

MOUNTAIN W. BANK - KALISPELL NAT
444 W IDAHO ST
KALISPELL, MT 59901

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

423990 - Durable Goods Merchant Wholesalers

Loan Approval Date

6/5/2006

Loan Approval Gross Amount

$185,000

Loan Approval from the SBA

Of the total $185,000 loan amount, the SBA guaranteed $138,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Fastsigns franchise. At the time of the loan, the company had no employees. The loan application indicated that the loan would help generate 3 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Mountain W. Bank - Kalispell Nat 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:

FASTSIGNS

Getting a Small Business Loan

SBA Approved Banks in Kalispell, Montana

Montana SBA 7A Banks