Bank Loans for Beef Cattle Ranching and Farming

Looking for bank loans for beef cattle ranching and farming? An SBA loan may be just what you've been looking for. This $70,000 beef cattle ranching and farming loan was issued by a Wyoming bank.

This company knew how to go about getting a business bank loan. Based in Ft. Washakie, Wyoming, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Central Bank & Trust, based in Lander, Wyoming.

SBA Loan Borrower

COMPANY TYPE: BEEF CATTLE
FT. WASHAKIE, WY 82514

SBA Loan Lender

CENTRAL BANK & TRUST
285 MAIN ST
LANDER, WY 82520

This 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

5/21/2001

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $52,500.

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 2 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Central Bank & Trust and they will explain how you can get an SBA loan for your company.

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:

Bank Credit Lines

Good Banks for Small Business in Lander, Wyoming

SBA Participating Banks in Wyoming