Whitefish, Montana Entrepreneur Gets a Bank Loan

Would a Montana SBA loan help your business get to the next level? If so, you may want to talk with this California bank, which offers SBA loans to Montana entrepreneurs.

Getting a small business loan in Whitefish, Montana was a top priority for this particular business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Temecula Valley Bank. Here are the details on this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: CAR WASHES
WHITEFISH, MT 59937

SBA Loan Lender

TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590

This lender issued this bank loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811192 - Car Washes

Loan Approval Date

3/8/2002

Loan Approval Gross Amount

$491,700

Loan Approval from the SBA

Of the total $491,700 loan amount, the SBA guaranteed $368,775.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Temecula Valley Bank 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:

Debt Financing

Small Business Banks in Temecula, California

Browse All Business Loan Sources for California