Loan Census Banking News and Information
November 15, 2024  
 
 
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Cheyenne, Wyoming SBA Lenders

 

 
Loan Census SBA Loan Info

Cheyenne, Wyoming Lender Lends Money to Apparel And Accessory Stores Company

Get SBA loans from a Cheyenne, Wyoming bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Wyoming Bank & Trust is a Cheyenne, Wyoming small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Colorado company.

SBA Loan Borrower

COMPANY TYPE: APPAREL AND ACCESSORY STORES
FORT COLLINS, CO 80525

SBA Loan Lender

WYOMING BANK & TRUST
5827 YELLOWSTONE RD
CHEYENNE, WY 82009

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide commercial 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

5699 - Apparel and Accessory Stores

Loan Approval Date

8/31/2000

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $90,000.

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 10 employees. This SBA loan request did not indicate that the SBA funding recipient planned 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.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $120,000 loan. Remember, feel the fear, and do it anyway.

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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