Casper, Wyoming Business Gets SBA-Guaranteed Funding from Hilltop National Bank

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 $250,000 loan.

This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Hilltop National Bank, out of Casper, Wyoming. The loan was granted and they received $250,000 to help grow their Casper, Wyoming business.

SBA Loan Borrower

COMPANY TYPE: TESTING LABORATORIES
CASPER, WY 82604

SBA Loan Lender

HILLTOP NATIONAL BANK
300 COUNTRY CLUB RD
CASPER, WY 82609

This lender issued this small business loan under the SBA's 7A loan, 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

8734 - Testing Laboratories

NAICS Code

541380 - Testing Laboratories

Loan Approval Date

8/27/2003

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The loan application did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Hilltop National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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