Cody, Wyoming Lender Lends Money to Security Systems Services Company
Thinking about meeting with a Cody, Wyoming bank about a 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 Shoshone First Bank worked out well for our friends at one local company in Cody, Wyoming. The business was able to get an SBA loan for $20,600. Great job!
SBA Loan Borrower
COMPANY TYPE: SECURITY SYSTEMS SERVICES
CODY, WY 82414
SBA Loan Lender
SHOSHONE FIRST BANK
1401 SHERIDAN AVE
CODY, WY 82414
This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
561621 - Security Systems Services
Loan Approval Date
11/30/2005
Loan Approval Gross Amount
$20,600
Loan Approval from the SBA
Of the total $20,600 loan amount, the SBA guaranteed $10,300.
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 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Shoshone First Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Shoshone First Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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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