Drugs and Druggists' Sundries Wholesalers Business Loans

Looking for business loans for drugs and druggists' sundries wholesalers? An SBA loan may be just what you've been looking for. This $266,000 drugs and druggists' sundries wholesalers loan was issued by a Montana bank.

Getting a small business loan in Missoula, Montana was important for this business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Mountain W. Bank, operating out of Helena, Montana. Here are the details on this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: DRUGS AND DRUGGISTS' SUNDRIES WHOLESALERS
MISSOULA, MT 59803

SBA Loan Lender

MOUNTAIN W. BANK
1225 CEDAR
HELENA, MT 59601

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

422210 - Drugs and Druggists' Sundries Wholesalers

Loan Approval Date

8/23/2006

Loan Approval Gross Amount

$266,000

Loan Approval from the SBA

Of the total $266,000 loan amount, the SBA guaranteed $199,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Mountain W. Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Mountain W. Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Business Line of Credit

SBA Approved Banks in Helena, Montana

Montana SBA Bank Lenders