Get an SBA Loan for Highway and Street Construction
With these small 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 $667,000 was given to a Wyoming entrepreneur in 2001.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Cowley, Wyoming was able to borrow $667,000 from Frontier Cert. Devel Co. The SBA made the loan possible by guaranteeing $500,250 of this Wyoming small business loan.
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
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to to our country's hard-working small business owners.
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
5/25/2001
Loan Approval Gross Amount
$667,000
Loan Approval from the SBA
Of the total $667,000 loan amount, the SBA guaranteed $500,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 190 employees. The loan application did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Frontier Cert. Devel Co are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
Family and Friend Investors - Your First Financiers
SBA Banks in Casper, Wyoming
Wyoming SBA Banks