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April 24, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Poplar, Business Loans > Independence Bank Poplar Business Loans > Leinen Brothers Auto, Llp Loan | ||||
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Raising Money in Poplar, Montana With SBA Loans
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Borrow Money to Buy a Napa Auto Parts FranchiseBorrowing money to invest in a Napa Auto Parts franchise? Independence Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Poplar, Montana needed money to invest in a Napa Auto Parts franchise back in 2002. Independence Bank issued an SBA franchise loan. Here are the details on this Montana small business loan. SBA Loan Borrower LEINEN BROTHERS AUTO, LLP SBA Loan Lender INDEPENDENCE BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 441310 - Automotive Parts and Accessories Stores Loan Approval Date 2/27/2002 Loan Approval Gross Amount $40,000 Loan Approval from the SBA Of the total $40,000 loan amount, the SBA guaranteed $34,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Napa Auto Parts franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in Poplar 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: Who Lends Money to Small Businesses in Poplar, Montana Getting a Business Loan in Montana
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