Casper, Wyoming Bank Lends Money to Eating Places Company in Casper, Wyoming
A Casper, Wyoming SBA loan can be yours. Learn how one firm got a $67,500 business loan from this Wyoming bank.
This loan to a local firm is a good example of an SBA loan. Hilltop National Bank made the loan and the SBA guaranteed a portion of the loan. Many other Wyoming entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
CASPER, WY 82601
SBA Loan Lender
HILLTOP NATIONAL BANK
300 COUNTRY CLUB RD
CASPER, WY 82609
This lender issued this SBA loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
Loan Approval Date
3/27/2000
Loan Approval Gross Amount
$67,500
Loan Approval from the SBA
Of the total $67,500 loan amount, the SBA guaranteed $54,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 8 employees. This SBA loan request did not indicate that the business promised to use the money to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
We can help you find the best banks for small businesses in Casper or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
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Small Bank Loans in Casper, Wyoming
Getting an SBA Loan in Wyoming