Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Laramie, Wyoming Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Financing for Hotels and Motels

With these loans for hotels and motels, the SBA guarantees the lender that the loan will be repaid. This hotels and motels loan for $1,997,100 was given to a Wyoming entrepreneur in 2005.

This small firm knew how to go about getting a business bank loan. Based in Laramie, Wyoming, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Business Loan Center, LLC, based in New York, New York.

SBA Loan Borrower

COMPANY TYPE: HOTELS AND MOTELS
LARAMIE, WY 82070

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

721110 - Hotels and Motels

Loan Approval Date

11/17/2005

Loan Approval Gross Amount

$1,997,100

Loan Approval from the SBA

Of the total $1,997,100 loan amount, the SBA guaranteed $1,497,825.

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 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We can help you find the best banks for small businesses in Laramie or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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