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May 14, 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 > Lessors Of Nonresidential Buildings Loan | ||||
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Montana SBA Banks
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Missoula, Montana Lender Lends Money to Lessors Of Nonresidential Buildings CompanyGet to know Missoula, Montana banks that specialize in SBA loans and know how to work with entrepreneurs. First Security Bank - Missoula is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Missoula, Montana starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from First Security Bank - Missoula. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: LESSORS OF NONRESIDENTIAL BUILDINGS SBA Loan Lender FIRST SECURITY BANK - MISSOULA This lender provides SBA loan for small businesses 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 531120 - Lessors of Nonresidential Buildings Loan Approval Date 6/24/2003 Loan Approval Gross Amount $245,000 Loan Approval from the SBA Of the total $245,000 loan amount, the SBA guaranteed $183,750. 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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First Security Bank - Missoula are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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 7A Banks for Missoula, Montana Loans
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