Cheyenne, WY Entrepreneur Gets SBA Loan to Buy Silver Mine Subs Franchise

Need money to purchase a Silver Mine Subs franchise? Pinnacle Bank-Wyoming has a history of making these loans and they are guaranteed by the SBA.

Silver Mine Subs franchise loans are available to Cheyenne, Wyoming entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Pinnacle Bank-Wyoming, based in Torrington, Wyoming, issued an SBA franchise loan for a Silver Mine Subs franchise in 2006. We've got all the details on this Wyoming small business loan.

SBA Loan Borrower

SILVER MINE SUBS
CHEYENNE, WY 82070

SBA Loan Lender

PINNACLE BANK-WYOMING
2000 MAIN ST
TORRINGTON, WY 82240

The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

722211 - Limited-Service Restaurants

Loan Approval Date

11/21/2006

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Silver Mine Subs franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help create 25 new jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $100,000 loan. Remember, where there is a will, there is a way!

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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