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December 19, 2024  
 
 
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Wyoming SBA Banks

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Evanston, Wyoming Bank to Get an SBA Loan

Want to talk with an Evanston, Wyoming bank about an SBA loan? Here's one Wyoming business loan, issued by an Evanston bank, that was approved by the SBA.

Applying for an SBA loan with 1st Bank worked out well for our friends at one local firm in Etna, Wyoming. They received an SBA loan for $83,100. Awesome!

SBA Loan Borrower

COMPANY TYPE: FOUNDATION, STRUCTURE, AND BUILDING EXTERIOR CONTRACTORS
ETNA, WY 83118

SBA Loan Lender

1ST BANK
1001 MAIN ST
EVANSTON, WY 82930

The lender provided this debt financing through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

238190 - Foundation, Structure, and Building Exterior Contractors

Loan Approval Date

8/14/2003

Loan Approval Gross Amount

$83,100

Loan Approval from the SBA

Of the total $83,100 loan amount, the SBA guaranteed $41,550.

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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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SBA Approved Banks in Evanston, Wyoming

SBA Participating Banks in Wyoming