Hilltop National Bank SBA Loan to Advertising Agencies Company
An SBA loan from Hilltop National Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Casper, Wyoming business owner got a $40,000 loan.
This growing company knew how to go about getting a business bank loan. Based in Casper, Wyoming, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Hilltop National Bank, based in Casper, Wyoming.
SBA Loan Borrower
COMPANY TYPE: ADVERTISING AGENCIES
CASPER, WY 82601
SBA Loan Lender
HILLTOP NATIONAL BANK
300 COUNTRY CLUB RD
CASPER, WY 82609
This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541810 - Advertising Agencies
Loan Approval Date
4/24/2002
Loan Approval Gross Amount
$40,000
Loan Approval from the SBA
Of the total $40,000 loan amount, the SBA guaranteed $34,000.
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 4 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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.
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