Bank Of The West Gives Small Business Loan to Carwashes Company
WyomingSmall business loans are available to Wyoming small business owners through the SBA. In this case, an Utah bank provides the loan.
Getting a small business loan in Cheyenne, Wyoming was a top priority for this small company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Bank Of The West. Here are the details on this Wyoming small business loan.
SBA Loan Borrower
COMPANY TYPE: CARWASHES
CHEYENNE, WY 82009
SBA Loan Lender
BANK OF THE WEST
142 EAST 200 SOUTH
SALT LAKE CITY, UT 84111
This loan for a small business was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7542 - Carwashes
NAICS Code
811191 - Automotive Oil Change and Lubrication Shops
Loan Approval Date
10/8/2002
Loan Approval Gross Amount
$474,200
Loan Approval from the SBA
Of the total $474,200 loan amount, the SBA guaranteed $355,650.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 3 employees. The loan application did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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