Lander, Wyoming Bank Lends Money to Title Abstract And Settlement Offices Company in Riverton, Wyoming

Thinking about meeting with a Lander, Wyoming bank about a small business loan? Here's one Wyoming business loan, issued by a Lander bank, that was approved by the SBA.

Applying for an SBA loan with Central Bank & Trust worked out well for our friends at one local firm in Riverton, Wyoming. They got an SBA loan for $392,500. Great job!

SBA Loan Borrower

COMPANY TYPE: TITLE ABSTRACT AND SETTLEMENT OFFICES
RIVERTON, WY 82501

SBA Loan Lender

CENTRAL BANK & TRUST
285 MAIN ST
LANDER, WY 82520

This lender issued this bank loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541191 - Title Abstract and Settlement Offices

Loan Approval Date

5/4/2007

Loan Approval Gross Amount

$392,500

Loan Approval from the SBA

Of the total $392,500 loan amount, the SBA guaranteed $294,375.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 13 employees. The loan application indicated that the loan would help retain 13 existing jobs.

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

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $392,500. How would you spend $392,500 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.

Related Links:

Attracting Investors

SBA 7A Banks in Lander, Wyoming

Getting a Business Loan in Wyoming