Loan Census Banking News and Information
November 15, 2024  
 
 
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Banks Doing SBA Loans in Wyoming

 

 
Loan Census SBA Loan Info

Casper, Wyoming Bank Gives SBA Loan to Grocery Stores Company

Get business loans from a Casper, Wyoming bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

First Interstate Bank is a Casper, Wyoming small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Wyoming company.

SBA Loan Borrower

COMPANY TYPE: GROCERY STORES
MILLS, WY 82644

SBA Loan Lender

FIRST INTERSTATE BANK
104 S WOLCOTT ST
CASPER, WY 82601

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5411 - Grocery Stores

NAICS Code

445110 - Supermarkets and Grocery Stores

Loan Approval Date

12/18/2003

Loan Approval Gross Amount

$118,000

Loan Approval from the SBA

Of the total $118,000 loan amount, the SBA guaranteed $100,300.

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 5 employees. The SBA loan documents did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for 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.

Related Links:

Startup Funding Tip

Banks in Casper, Wyoming

Wyoming SBA 7A Lenders