Borrowing Money for Support Activities for Oil and Gas Operations

Looking for loans for support activities for oil and gas operations? Try the SBA. This $100,000 support activities for oil and gas operations loan was issued by a Wyoming bank.

This company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with First National Bank Of Buffalo, out of Buffalo, Wyoming. The loan was granted and they received $100,000 to help grow their Buffalo, Wyoming business.

SBA Loan Borrower

COMPANY TYPE: OIL AND GAS FIELD SERVICES
BUFFALO, WY 82834

SBA Loan Lender

FIRST NATIONAL BANK OF BUFFALO
141 S MAIN ST
BUFFALO, WY 82834

This lender issued this SBA small business loan under the SBA 7A lending program , 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.

SIC Code

1389 - Oil and Gas Field Services

NAICS Code

213112 - Support Activities for Oil and Gas Operations

Loan Approval Date

1/31/2000

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $80,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First National Bank Of Buffalo and they will explain how you can get an SBA loan for your company.

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:

SBIR Funding

SBA Approved Banks in Buffalo, Wyoming

Where to Get an SBA Loan Wyoming