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November 15, 2024 |
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| Home > Small Business Lenders by State > Wyoming Business Loan Sources > Cheyenne, Business Loans > American National Bank Cheyenne Business Loans > Island Inkjet At Frontier Mall Loan | ||||
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American National Bank SBA Franchise Loans
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American National Bank Provides SBA Loan to Buy Island Ink-Jet Systems FranchiseNeed money to buy an Island Ink-Jet Systems franchise? American National Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Cheyenne, Wyoming and are interested in buying an Island Ink-Jet Systems franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by American National Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower ISLAND INKJET AT FRONTIER MALL SBA Loan Lender AMERICAN NATIONAL BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 443130 - Camera and Photographic Supplies Stores Loan Approval Date 9/20/2004 Loan Approval Gross Amount $70,000 Loan Approval from the SBA Of the total $70,000 loan amount, the SBA guaranteed $35,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Island Ink-Jet Systems franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the borrowed money would help create 3 new jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like American National Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Where to Get an SBA Loan in Cheyenne, Wyoming
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