Financing for Canvas and Related Product Mills
Looking for commercial loans for canvas and related product mills? An SBA loan may be just what you've been looking for. This $395,000 canvas and related product mills loan was issued by a Wyoming bank.
This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Wells Fargo Bank, out of Casper, Wyoming. The loan was granted and they received $395,000 to help grow their Casper, Wyoming business.
SBA Loan Borrower
COMPANY TYPE: CANVAS AND RELATED PRODUCTS
CASPER, WY 82601
SBA Loan Lender
WELLS FARGO BANK
234 E 1ST ST
CASPER, WY 82601
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2394 - Canvas and Related Products
NAICS Code
314912 - Canvas and Related Product Mills
Loan Approval Date
5/7/2002
Loan Approval Gross Amount
$395,000
Loan Approval from the SBA
Of the total $395,000 loan amount, the SBA guaranteed $296,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 14 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
While you may be able to find other ways to get money to start a business, 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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