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November 21, 2024  
 
 
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Getting an SBA 7A Loan in Cody, Wyoming

 

 
Loan Census SBA Loan Info

Cody, Wyoming Entrepreneur Gets a Bank Loan

Want a Wyoming bank loan? This Wyoming entrepreneur got a bank loan, provided by a Wyoming bank that works with the SBA to help small business owners.

Getting a small business loan in Cody, Wyoming was a top priority for this loan applicant back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Pinnacle Bank-Wyoming. Here are the details on this Wyoming small business loan.

SBA Loan Borrower

COMPANY TYPE: PLASTICS PRODUCTS
CODY, WY 82414

SBA Loan Lender

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

This lender issued this particular bank loan 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

3089 - Plastics Products

NAICS Code

621498 - Outpatient Care Centers

Loan Approval Date

11/22/2000

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $40,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? 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:

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SBA 7A Lenders in Cody, Wyoming

Wyoming SBA 7A Banks