Raising Money for Beef Cattle Ranching and Farming

Looking for business loans for beef cattle ranching and farming? The SBA may be the answer. This $66,300 beef cattle ranching and farming loan was issued by a Wyoming bank.

Getting a small business loan in Ft Washakie, Wyoming was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Central Bank & Trust, operating out of Lander, Wyoming. Here are the details on this Wyoming small business loan.

SBA Loan Borrower

COMPANY TYPE: BEEF CATTLE
FT WASHAKIE, WY 82514

SBA Loan Lender

CENTRAL BANK & TRUST
285 MAIN ST
LANDER, WY 82520

This bank 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

0212 - Beef Cattle

NAICS Code

112111 - Beef Cattle Ranching and Farming

Loan Approval Date

7/12/2001

Loan Approval Gross Amount

$66,300

Loan Approval from the SBA

Of the total $66,300 loan amount, the SBA guaranteed $49,725.

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 did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Central Bank & Trust are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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