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November 15, 2024 |
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| Home > Small Business Lenders by State > Wyoming Business Loan Sources > Fargo, Business Loans > Bank Of The West Fargo Business Loans > Store Retailers Loan | ||||
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Bank Of The West
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Green River, Wyoming Business Gets SBA-Guaranteed Funding from Bank Of The WestBank Of The West has a track record as a leading provider of SBA loans. Find out how this Wyoming entrepreneur received an SBA loan from them. This small firm knew how to go about getting a business bank loan. Based in Green River, Wyoming, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was Bank Of The West, based in Fargo, North Dakota. SBA Loan Borrower COMPANY TYPE: STORE RETAILERS SBA Loan Lender BANK OF THE WEST This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453998 - Store Retailers Loan Approval Date 8/6/2004 Loan Approval Gross Amount $94,000 Loan Approval from the SBA Of the total $94,000 loan amount, the SBA guaranteed $79,900. More Information on This SBA Loan The borrower borrowed this money for a new 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 only one employee. The SBA loan documents did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you want money for new small business in Green River WY, you ought to talk with a local Green River SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Green River businesses. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of The West so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: A Company That Helps Entrepreneurs SBA Participating Banks in Fargo, North Dakota
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