SBA Loan from Shoshone First Bank Helps Plumbing, Heating, And Air-Conditioning Contractors Company
An SBA loan from Shoshone First Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Cody, Wyoming business owner got a $30,800 loan.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Cody, Wyoming was able to borrow $30,800 from Shoshone First Bank. The SBA made the loan possible by guaranteeing $15,400 of this Wyoming small business loan.
SBA Loan Borrower
COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS
CODY, WY 82414
SBA Loan Lender
SHOSHONE FIRST BANK
1401 SHERIDAN AVE
CODY, WY 82414
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
238220 - Plumbing, Heating, and Air-Conditioning Contractors
Loan Approval Date
11/17/2004
Loan Approval Gross Amount
$30,800
Loan Approval from the SBA
Of the total $30,800 loan amount, the SBA guaranteed $15,400.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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Small Business Banks in Cody, Wyoming
SBA Lenders in Wyoming