SBA Loan from 1st Bank Helps Business Service Centers Company

1st Bank has a track record as a leading provider of SBA loans. Find out how this Wyoming entrepreneur received an SBA loan from them.

Getting a small business loan in Lyman, Wyoming was an essential business goal for this firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from 1st Bank, operating out of Mountain View, Wyoming. Here are the details on this Wyoming small business loan.

SBA Loan Borrower

COMPANY TYPE: BUSINESS SERVICE CENTERS
LYMAN, WY 82937

SBA Loan Lender

1ST BANK
900 N HWY 414
MOUNTAIN VIEW, WY 82939

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

561439 - Business Service Centers

Loan Approval Date

10/7/2002

Loan Approval Gross Amount

$37,400

Loan Approval from the SBA

Of the total $37,400 loan amount, the SBA guaranteed $31,790.

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

Start the Process for Getting an SBA Loan Today!

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great funding source

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $37,400 loan. Remember, anyone can do it... so why not 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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Where to Get an SBA Loan in Mountain View, Wyoming

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