Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

SBA Lender Casper

 

 
Loan Census SBA Loan Info

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.

Related Links:

How to Raise Money

Best Casper, Wyoming Banks for Small Business

Wyoming SBA Banks