Loan Census Banking News and Information
May 14, 2024  
 
 
  Business Loan Information  
 

SBA Lenders in Montana

 

 
Loan Census SBA Loan Info

Sky Fcu SBA Loan to Art Dealers Company

An SBA loan from Sky Fcu typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Livingston, Montana business owner got a $25,000 loan.

This small firm knew how to go about getting a business bank loan. Based in Livingston, Montana, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was Sky Fcu, based in Livingston, Montana.

SBA Loan Borrower

COMPANY TYPE: ART DEALERS
LIVINGSTON, MT 59047

SBA Loan Lender

SKY FCU
111 NORTH 'B' ST
LIVINGSTON, MT 59047

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453920 - Art Dealers

Loan Approval Date

6/14/2004

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $21,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The loan application did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We can help you find the best banks for small businesses in Livingston or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Realistic Debt Financing Options

Good Banks for Small Business in Livingston, Montana

Montana SBA Bank Lenders