Supermarkets and Grocery Stores Commercial Loans

Looking for commercial loans for supermarkets and grocery stores? Talk to a banker who works with the SBA. This $313,000 supermarkets and grocery stores loan was issued by a Wyoming bank.

Getting a small business loan in Douglas, Wyoming was important for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from The Converse County Bank, operating out of Douglas, Wyoming. Here are the details on this Wyoming small business loan.

SBA Loan Borrower

COMPANY TYPE: SUPERMARKETS AND GROCERY STORES
DOUGLAS, WY 82633

SBA Loan Lender

THE CONVERSE COUNTY BANK
322 WALNUT
DOUGLAS, WY 82633

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

445110 - Supermarkets and Grocery Stores

Loan Approval Date

5/30/2007

Loan Approval Gross Amount

$313,000

Loan Approval from the SBA

Of the total $313,000 loan amount, the SBA guaranteed $156,500.

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 25 employees. The SBA loan documents indicated that the loan would help retain 25 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.

This SBA loan was for $313,000. How would you spend $313,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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Who Lends Money to Small Businesses in Douglas, Wyoming

SBA Participating Banks in Wyoming