Cody, Wyoming Bank Gives SBA Loan to Homefurnishings Stores Company

Want to talk with a Cody, Wyoming bank about a small business loan? Here's one Wyoming business loan, issued by a Cody bank, that was approved by the SBA.

Applying for an SBA loan with First National Bank & Trust worked out well for our friends at one local firm in Cody, Wyoming. The business was able to get an SBA loan for $155,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: HOMEFURNISHINGS STORES
CODY, WY 82414

SBA Loan Lender

FIRST NATIONAL BANK & TRUST
1507 8TH ST
CODY, WY 82414

This debt financing 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.

SIC Code

5719 - Homefurnishings Stores

NAICS Code

442299 - Home Furnishings Stores

Loan Approval Date

3/28/2002

Loan Approval Gross Amount

$155,000

Loan Approval from the SBA

Of the total $155,000 loan amount, the SBA guaranteed $116,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Getting a Small Business Loan

SBA Approved Banks in Cody, Wyoming

Getting an SBA Loan in Wyoming