Loans for Commercial and Industrial Machinery and Equipment

Looking for loans for commercial and industrial machinery and equipment? The SBA may be the answer. This $52,023 commercial and industrial machinery and equipment loan was issued by a Wyoming bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Pavillion, Wyoming was able to borrow $52,023 from Wyoming National Bank. The SBA made the loan possible by guaranteeing $26,011 of this Wyoming small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL AND INDUSTRIAL MACHINERY AND EQUIPMENT
PAVILLION, WY 82523

SBA Loan Lender

WYOMING NATIONAL BANK
1700 N FEDERAL BLVD
RIVERTON, WY 82501

This SBA small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

811310 - Commercial and Industrial Machinery and Equipment

Loan Approval Date

12/14/2007

Loan Approval Gross Amount

$52,023

Loan Approval from the SBA

Of the total $52,023 loan amount, the SBA guaranteed $26,011.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding.

This SBA loan was for $52,023. How would you spend $52,023 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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