Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Cowley, Wyoming

 

 
Loan Census SBA Loan Info

How to Get a Loan for Highway and Street Construction

With these business loans for highway and street construction, the SBA guarantees the lender that the loan will be repaid. This highway and street construction loan for $500,000 was given to a Wyoming entrepreneur in 2001.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Frontier Cert. Devel Co, out of Casper, Wyoming. The loan was granted and they received $500,000 to help grow their Cowley, Wyoming business.

SBA Loan Borrower

COMPANY TYPE: HIGHWAY AND STREET CONSTRUCTION
COWLEY, WY 82420

SBA Loan Lender

FRONTIER CERT. DEVEL CO
232 EAST SECOND STREET, SUITE
CASPER, WY 82602

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1611 - Highway and Street Construction

NAICS Code

234110 - Highway and Street Construction

Loan Approval Date

5/23/2001

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 190 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

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:

Obtaining Funding - How to Decide How Much to Raise

SBA Banks in Casper, Wyoming

SBA Lenders in Wyoming