Get an SBA Loan for Drywall and Insulation Contractors
With these bank loans for drywall and insulation contractors, the SBA guarantees the lender that the loan will be repaid. This drywall and insulation contractors loan for $97,100 was given to a Wyoming entrepreneur in 2003.
Getting a small business loan in Casper, Wyoming was important for this growing firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Hilltop National Bank, operating out of Casper, Wyoming. Here are the details on this Wyoming small business loan.
SBA Loan Borrower
COMPANY TYPE: DRYWALL AND INSULATION CONTRACTORS
CASPER, WY 82605
SBA Loan Lender
HILLTOP NATIONAL BANK
300 COUNTRY CLUB RD
CASPER, WY 82609
This lender issued this particular loan for a small business 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
238310 - Drywall and Insulation Contractors
Loan Approval Date
12/5/2003
Loan Approval Gross Amount
$97,100
Loan Approval from the SBA
Of the total $97,100 loan amount, the SBA guaranteed $82,535.
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 25 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees 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.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $97,100 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Strategic Investors
Banks in Casper, Wyoming
Getting an SBA Loan in Wyoming