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May 15, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Missoula, Business Loans > First Security Bank - Missoula Missoula Business Loans > Children's And Infants' Clothing Stores Loan | ||||
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SBA Lenders Montana
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Missoula, Montana Bank Gives SBA Loan to Children's And Infants' Clothing Stores CompanyWant to talk with a Missoula, Montana bank about a small business loan? Here's one Montana business loan, issued by a Missoula bank, that was approved by the SBA. Applying for an SBA loan with First Security Bank - Missoula worked out well for our friends at one local company in Missoula, Montana. The business was able to get an SBA loan for $52,200. Sweet! SBA Loan Borrower COMPANY TYPE: CHILDREN'S AND INFANTS' CLOTHING STORES SBA Loan Lender FIRST SECURITY BANK - MISSOULA This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 448130 - Children's and Infants' Clothing Stores Loan Approval Date 3/1/2001 Loan Approval Gross Amount $52,200 Loan Approval from the SBA Of the total $52,200 loan amount, the SBA guaranteed $26,100. 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 SBA loan documents indicated that the funding would help create 1 new job. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. We can help you find the best banks for small businesses in Missoula 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: Best Banks for Small Business in Missoula, Montana
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