Company Gets a Wyoming SBA Loan

Would a Wyoming SBA loan help your business get to the next level? If so, you may want to talk with this Wyoming bank, which offers SBA loans to Wyoming entrepreneurs.

Getting a small business loan in Casper, Wyoming was a top priority for this particular business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from First Bank, A Branch Of. Here are the details on this Wyoming small business loan.

SBA Loan Borrower

COMPANY TYPE: CARWASHES
CASPER, WY 82604

SBA Loan Lender

FIRST BANK, A BRANCH OF
740 LUCKER LN
EVANSVILLE, WY 82636

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7542 - Carwashes

NAICS Code

811192 - Car Washes

Loan Approval Date

5/18/2004

Loan Approval Gross Amount

$300,600

Loan Approval from the SBA

Of the total $300,600 loan amount, the SBA guaranteed $225,450.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into First Bank, A Branch Of and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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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