SBA lending record
George Leo Schmalz
1211 24th Street West, Billings, MT 59102 · Flight Training. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$55K
Total SBA financing
1
Loan on record
FY2021
On record
2
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$55,000 — FY2021
- Gross approval
- $55,000
- SBA guaranteed
- $46,750 (85%)
- Status
- Paid in full
- Rate at approval
- 4.95% f
- Term
- 60 mo (5 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/5/2021
- First disbursement
- 2/1/2021
- Days to fund
- 27 days
- Paid in full
- 1/31/2026
- Collateral
- Required
- Jobs supported
- 2
- Business type
- Individual
- Business age
- Existing or more than 2 years old
- Industry
- Flight Training
- NAICS code
- 611512
- Lender
- Stockman Bank of Montana
- Address
- 1211 24th Street West
- City
- Billings, 59102
- County
- Yellowstone
- SBA district office
- MONTANA DISTRICT OFFICE
- Congressional district
- 0
The lender
Stockman Bank of Montana
1 loan to this businessFind SBA lenders for businesses like this
The banks most active funding flight training — by location, industry.
Similar businesses
Comparable flight training in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Chickadee Aviation LLC
Auburn, ME
Flight Training
- $92K
- SBA financing
- ≈ $181K–$302K
- Est. revenue (rough)
Yellowstone Seaplanes, LLC
Manhattan, MT· ~132 mi
Flight Training
- $110K
- SBA financing
- ≈ $216K–$359K
- Est. revenue (rough)
Glass Cockpit Aviation
Boise, ID· ~406 mi
Flight Training
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
Scud Air 19T LLC
Ogden, UT· ~363 mi
Flight Training
- $72K
- SBA financing
- ≈ $141K–$235K
- Est. revenue (rough)
Barnstormers, Inc.
Bemidji, MN
Flight Training
- $147K
- SBA financing
- ≈ $288K–$481K
- Est. revenue (rough)
CHMIELESKI AVIATION LLC
Saratoga Springs, UT· ~408 mi
Flight Training
- $35K
- SBA financing
- ≈ $69K–$114K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for George Leo Schmalz in Billings, MT (Flight Training). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $55K
- On record FY2021
- 2 jobs supported
- Industry: Flight Training
- Location: Billings, MT
- Lender: Stockman Bank of Montana
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Flight Training businesses in MT for ~$55k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-18.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with George Leo Schmalz.