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May 18, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Missoula, Business Loans > First National Bank - Montana Inc. Missoula Business Loans > T & C Enterprises, Llp Loan | ||||
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Lolo, Montana Bank Loan
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Montana Entrepreneur Secures Financing to Buy Subway Sandwich Shop FranchiseNeed a loan to invest in a Subway Sandwich Shop franchise? First National Bank - Montana Inc. has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Lolo, Montana needed money to invest in a Subway Sandwich Shop franchise back in 2003. First National Bank - Montana Inc. issued an SBA franchise loan. Here are the details on this Montana small business loan. SBA Loan Borrower T & C ENTERPRISES, LLP SBA Loan Lender FIRST NATIONAL BANK - MONTANA INC. SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 3/27/2003 Loan Approval Gross Amount $139,000 Loan Approval from the SBA Of the total $139,000 loan amount, the SBA guaranteed $118,150. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Subway Sandwich Shop franchise. At the time of the loan, the company had 5 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from First National Bank - Montana Inc. 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: Good Banks for Small Business in Missoula, Montana
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