Pinnacle Bank-Wyoming SBA Loan to Child Day Care Services Company

Pinnacle Bank-Wyoming and the SBA work together to get business loans for growing small businesses. Here's an example of how a Wyoming entrepreneur was able to get a loan to take a small business to the next level.

This small firm knew how to go about getting a business bank loan. Based in Cody, Wyoming, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Pinnacle Bank-Wyoming, based in Cody, Wyoming.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
CODY, WY 82414

SBA Loan Lender

PINNACLE BANK-WYOMING
1702 17TH ST
CODY, WY 82414

This lender issued this particular loan for a small business under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8351 - Child Day Care Services

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

10/23/2000

Loan Approval Gross Amount

$12,100

Loan Approval from the SBA

Of the total $12,100 loan amount, the SBA guaranteed $9,680.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Cody or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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