How to Get a Loan for Manufacturing

With these business loans for manufacturing, the SBA guarantees the lender that the loan will be repaid. This manufacturing loan for $20,000 was given to a Wyoming entrepreneur in 2007.

This small business knew how to go about getting a business bank loan. Based in Cheyenne, Wyoming, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Jonah Bank Of Wyoming, based in Casper, Wyoming.

SBA Loan Borrower

COMPANY TYPE: MANUFACTURING
CHEYENNE, WY 82001

SBA Loan Lender

JONAH BANK OF WYOMING
777 W 1ST ST
CASPER, WY 82601

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339999 - Manufacturing

Loan Approval Date

8/8/2007

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $17,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 indicated that the loan would help generate 1 new job and retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

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:

Obtaining Funding - Friends and Family

Where to Get an SBA Loan in Casper, Wyoming

Where to Get an SBA Loan Wyoming