Evanston, Wyoming Entrepreneur Gets a Small Business Loan
Would a Wyoming SBA loan help your business get to the next level? 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 Evanston, Wyoming by studying this loan to a local business, made back in 2004. Banks like 1st Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: PUMP AND PUMPING EQUIPMENT MANUFACTURING
EVANSTON, WY 82930
SBA Loan Lender
1ST BANK
1001 MAIN ST
EVANSTON, WY 82930
This lender issued this particular small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
333911 - Pump and Pumping Equipment Manufacturing
Loan Approval Date
10/18/2004
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. This SBA loan request did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This SBA loan was for $150,000. How would you spend $150,000 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.
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