Loan Census Banking News and Information
November 21, 2024  
 
 
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Small Business Banks for Encampment Small Businesses

 

 
Loan Census SBA Loan Info

Wyoming SBA Loan Issued to General Merchandise Stores Company

Would a Wyoming business loan help your company expand? If so, you may want to talk with this Wyoming bank, which offers SBA loans to Wyoming entrepreneurs.

You can learn something about getting a small business loan in Encampment, Wyoming by studying this loan to a local business, made back in 2002. Banks like Bank Of The West may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: GENERAL MERCHANDISE STORES
ENCAMPMENT, WY 82325

SBA Loan Lender

BANK OF THE WEST
302 N 1ST ST
SARATOGA, WY 82331

This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5399 - General Merchandise Stores

NAICS Code

452990 - General Merchandise Stores

Loan Approval Date

11/12/2002

Loan Approval Gross Amount

$138,700

Loan Approval from the SBA

Of the total $138,700 loan amount, the SBA guaranteed $117,895.

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 3 employees. The SBA loan documents did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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:

Business Incubators

Best Banks for Small Business in Saratoga, Wyoming

SBA Participating Banks in Wyoming