Getting an SBA Loan for Support Activities for Transportation

Looking for commercial loans for support activities for transportation? Try the SBA. This $58,000 support activities for transportation loan was issued by a Wyoming bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Casper, Wyoming was able to borrow $58,000 from First Interstate Bank. The SBA made the loan possible by guaranteeing $49,300 of this Wyoming small business loan.

SBA Loan Borrower

COMPANY TYPE: TRANSPORTATION SERVICES
CASPER, WY 82601

SBA Loan Lender

FIRST INTERSTATE BANK
104 S WOLCOTT ST
CASPER, WY 82601

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

4789 - Transportation Services

NAICS Code

488999 - Support Activities for Transportation

Loan Approval Date

7/28/2003

Loan Approval Gross Amount

$58,000

Loan Approval from the SBA

Of the total $58,000 loan amount, the SBA guaranteed $49,300.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This SBA loan was for $58,000. How would you spend $58,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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