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May 11, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Missoula, Business Loans > First Interstate Bank Missoula Business Loans > Roofing, Siding, And Sheet Metal Contractors Loan | ||||
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What Does It Take to Get a Business Loan in Missoula, Montana?
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Roofing, Siding, and Sheet Metal Contractors Commercial LoansLooking for commercial loans for roofing, siding, and sheet metal contractors? Try the SBA. This $90,000 roofing, siding, and sheet metal contractors loan was issued by a Montana bank. This business knew how to go about getting a business bank loan. Based in Missoula, Montana, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was First Interstate Bank, based in Missoula, Montana. SBA Loan Borrower COMPANY TYPE: ROOFING, SIDING, AND SHEET METAL CONTRACTORS SBA Loan Lender FIRST INTERSTATE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 235610 - Roofing, Siding, and Sheet Metal Contractors Loan Approval Date 9/13/2004 Loan Approval Gross Amount $90,000 Loan Approval from the SBA Of the total $90,000 loan amount, the SBA guaranteed $76,500. 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 30 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. This SBA loan was for $90,000. How would you spend $90,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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 in Missoula, Montana
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