SBA Loan from Wells Fargo Bank Helps Video Tape And Disc Rental Company
Wells Fargo Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Wyoming entrepreneur was able to get a loan to take a small business to the next level.
Getting a small business loan in Lyman, Wyoming was an essential business goal for this firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Wells Fargo Bank, operating out of Sioux Falls, South Dakota. Here are the details on this Wyoming small business loan.
SBA Loan Borrower
COMPANY TYPE: VIDEO TAPE AND DISC RENTAL
Lyman, WY 82937
SBA Loan Lender
WELLS FARGO BANK
101 N PHILIPS AVE
SIOUX FALLS, SD 57104
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
532230 - Video Tape and Disc Rental
Loan Approval Date
11/10/2006
Loan Approval Gross Amount
$165,800
Loan Approval from the SBA
Of the total $165,800 loan amount, the SBA guaranteed $124,350.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 14 employees. The SBA loan documents indicated that the loan would help retain 13 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
We can help you find the best banks for small businesses in Lyman 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.
Related Links:
Startup Funding Tip
Where to Get an SBA Loan in Sioux Falls, South Dakota
South Dakota SBA Banks