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December 22, 2024 |
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| Home > Small Business Lenders by State > Wyoming Business Loan Sources > Salt Lake City, Business Loans > Merrill Lynch Bank Usa Salt Lake City Business Loans > Intercity And Rural Bus Transportation Loan | ||||
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How to Get SBA Money in Jackson, Wyoming
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Wyoming Business Loan Issued to Intercity And Rural Bus Transportation CompanyLooking to get a Wyoming business loan? This Wyoming entrepreneur got a business loan, provided by an Utah bank that works with the SBA to help small business owners. This business, based in Jackson, Wyoming, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Merrill Lynch Bank Usa. We've got the inside scoop on this Wyoming small business loan. SBA Loan Borrower COMPANY TYPE: INTERCITY AND RURAL BUS TRANSPORTATION SBA Loan Lender MERRILL LYNCH BANK USA This loan for a small business was financed by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA delivers a quick answer on whether the loan qualifies. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4131 - Intercity and Rural Bus Transportation NAICS Code 485210 - Interurban and Rural Bus Transportation Loan Approval Date 6/21/2000 Loan Approval Gross Amount $856,000 Loan Approval from the SBA Of the total $856,000 loan amount, the SBA guaranteed $642,000. 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 30 employees. The loan application did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Best Banks for Small Business in Salt Lake City, Utah
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