Bank - Bridger SBA Loan to Oil And Gas Field Machinery And Equipment Company
An SBA loan from Bank - Bridger typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Powell, Wyoming business owner got a $90,000 loan.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Powell, Wyoming was able to borrow $90,000 from Bank - Bridger. The SBA made the loan possible by guaranteeing $76,500 of this Wyoming small business loan.
SBA Loan Borrower
COMPANY TYPE: OIL AND GAS FIELD MACHINERY AND EQUIPMENT
POWELL, WY 82434
SBA Loan Lender
BANK - BRIDGER
101 S MAIN ST
BRIDGER, MT 59014
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3533 - Oil and Gas Field Machinery and Equipment
NAICS Code
333132 - Oil and Gas Field Machinery and Equipment Manufacturing
Loan Approval Date
4/26/2001
Loan Approval Gross Amount
$90,000
Loan Approval from the SBA
Of the total $90,000 loan amount, the SBA guaranteed $76,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 7 employees. The loan application did not indicate that the business promised to use the money to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
If you are wondering how to raise money for a company in Powell WY, you ought to talk with a local Powell SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Powell businesses.
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 $90,000 loan. Remember, you control your own destiny.
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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