Loans for Commercial and Institutional Building Construction
Looking for loans for commercial and institutional building construction? An SBA loan may be just what you've been looking for. This $926,400 commercial and institutional building construction loan was issued by a Wyoming bank.
Getting a small business loan in Rock Springs, Wyoming was important for this growing firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Bank Of The West, operating out of Rock Springs, Wyoming. Here are the details on this Wyoming small business loan.
SBA Loan Borrower
COMPANY TYPE: GENERAL CONTRACTING FOR NONRESIDENTIAL BUILDINGS
ROCK SPRINGS, WY 82902
SBA Loan Lender
BANK OF THE WEST
200 N CENTER ST
ROCK SPRINGS, WY 82901
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide business loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
1542 - General Contracting for Nonresidential Buildings
NAICS Code
233320 - Commercial and Institutional Building Construction
Loan Approval Date
3/26/2003
Loan Approval Gross Amount
$926,400
Loan Approval from the SBA
Of the total $926,400 loan amount, the SBA guaranteed $694,800.
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 12 employees. The loan application did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you need business start up money in Rock Springs WY, you ought to talk with a local Rock Springs SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rock Springs businesses.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of The West so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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