Borrowing Money for Tax Preparation Services
Looking for bank loans for tax preparation services? The SBA may be the answer. This $40,000 tax preparation services loan was issued by a Wyoming bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Cheyenne, Wyoming was able to borrow $40,000 from Jonah Bank Of Wyoming. The SBA made the loan possible by guaranteeing $34,000 of this Wyoming small business loan.
SBA Loan Borrower
COMPANY TYPE: TAX PREPARATION SERVICES
CHEYENNE, WY 82009
SBA Loan Lender
JONAH BANK OF WYOMING
3001 E PERSHING, STE 100
CHEYENNE, WY 82009
This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541213 - Tax Preparation Services
Loan Approval Date
6/6/2007
Loan Approval Gross Amount
$40,000
Loan Approval from the SBA
Of the total $40,000 loan amount, the SBA guaranteed $34,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Jonah Bank Of Wyoming and they will explain how you can get an SBA loan for your company.
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:
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Find an SBA Lender in Cheyenne, Wyoming
Wyoming SBA 7A Banks