Gillette, Wyoming Lender Lends Money to Hardware Stores Company

Find Gillette, Wyoming banks that specialize in SBA loans and know how to work with entrepreneurs. First National Bank - Gillette is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Gillette, Wyoming starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from First National Bank - Gillette. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: HARDWARE STORES
GILLETTE, WY 82718

SBA Loan Lender

FIRST NATIONAL BANK - GILLETTE
319 S GILLETTE AVE
GILLETTE, WY 82716

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5251 - Hardware Stores

NAICS Code

444130 - Hardware Stores

Loan Approval Date

4/22/2002

Loan Approval Gross Amount

$361,500

Loan Approval from the SBA

Of the total $361,500 loan amount, the SBA guaranteed $271,125.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 21 employees. The SBA loan application for the borrower 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

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 First National Bank - Gillette 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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