Business Loans for Family Clothing Stores

Looking for business loans for family clothing stores? Talk to a banker who works with the SBA. This $150,000 family clothing stores loan was issued by a Montana bank.

This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Stockman Bank Of Montana, out of Billings, Montana. The loan was granted and they received $150,000 to help grow their Roundup, Montana business.

SBA Loan Borrower

COMPANY TYPE: FAMILY CLOTHING STORES
ROUNDUP, MT 59072

SBA Loan Lender

STOCKMAN BANK OF MONTANA
2700 KING AVE WEST
BILLINGS, MT 59102

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448140 - Family Clothing Stores

Loan Approval Date

3/28/2006

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Obtaining Funding From a Venture Capitalist

SBA 7A Banks in Billings, Montana

Where to Get an SBA Loan Montana