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May 19, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Kalispell, Business Loans > Three Rivers Bank Of Montana Kalispell Business Loans > Logging Loan | ||||
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Kalispell, Montana Bank Loan
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Logging Small Business LoansWith these small business loans for logging, the SBA guarantees the lender that the loan will be repaid. This logging loan for $175,000 was given to a Montana entrepreneur in 2005. This company knew how to go about getting a business bank loan. Based in Kalispell, Montana, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Three Rivers Bank Of Montana, based in Kalispell, Montana. SBA Loan Borrower COMPANY TYPE: LOGGING SBA Loan Lender THREE RIVERS BANK OF MONTANA This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 113310 - Logging Loan Approval Date 6/10/2005 Loan Approval Gross Amount $175,000 Loan Approval from the SBA Of the total $175,000 loan amount, the SBA guaranteed $131,250. 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 8 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Dealing With Venture Capitalists SBA Banks in Kalispell, Montana
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