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December 18, 2024 |
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| Home > Small Business Lenders by State > Wyoming Business Loan Sources > Salt Lake City, Business Loans > Bank Of The West Salt Lake City Business Loans > Carwashes Loan | ||||
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SBA Lenders for Cheyenne Small Business Owners
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Bank Of The West Gives Small Business Loan to Carwashes CompanyWyomingSmall 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 SBA Loan Lender BANK OF THE WEST 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. Related Links: A Company That Helps Entrepreneurs SBA 7A Lenders in Salt Lake City, Utah
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