Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Banks Doing SBA Loans in Montana

 

 
Loan Census SBA Loan Info

Kalispell, Montana Lender Lends Money to Support Activities For Forestry Company

Get small business loans from a Kalispell, Montana bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Glacier Bank is a Kalispell, Montana small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Montana company.

SBA Loan Borrower

COMPANY TYPE: SUPPORT ACTIVITIES FOR FORESTRY
WHITEFISH, MT 59937

SBA Loan Lender

GLACIER BANK
202 MAIN ST
KALISPELL, MT 59901

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

115310 - Support Activities for Forestry

Loan Approval Date

4/11/2001

Loan Approval Gross Amount

$133,500

Loan Approval from the SBA

Of the total $133,500 loan amount, the SBA guaranteed $113,475.

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 only one employee. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start business in Whitefish MT, you ought to talk with a local Whitefish SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Whitefish businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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 - How to Decide How Much to Raise

Best Banks in Kalispell, Montana

SBA Montana Lenders