Read more stories about
Montana SBA >>

MATR Sponsor:


MATR Supporters:

SBA Announces Fiscal Year End Loan Activity for Montana

November 7, 2018View for printing

Once again, Glacier Bancorp, Inc., headquartered in Kalispell made the largest number and dollar of SBA guaranteed loans during Fiscal Year 2018. The entire Glacier Bancorp Montana division approved 54 SBA guaranteed loans totaling $9,956,400.

Figures released today by the SBA Monta na District Office show that during fiscal year 2018 (October 1, 2017 - September 30, 2018), SBA guaranteed 239 loans totaling $75,665,610. Of these loans, 223 for $61,889,610 were made through SBA's 7(a) Guaranty Loan Program which provides short or long term financing for small business start - up or expansion needs.

Sixteen loans totaling $13,776,000 were made through SBA's 504 Certified Development Company program, providing long term fixed rates financing for land, buildings and equipment.

https://www.sba.gov/sites/default/fil ... ontana_.pdf


No reader comments so far. Be the first to comment by clicking the button below.





Reprinted under the Fair Use doctrine of international copyright law. Full copyright retained by the original publication. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.


E-mail this page to a friend!