Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA 7A Loan in Saratoga, Wyoming and We Got One!

 

 
Loan Census SBA Loan Info

Raising Money for Water, Sewer, and Pipeline Construction

Looking for bank loans for water, sewer, and pipeline construction? Talk to a banker who works with the SBA. This $180,000 water, sewer, and pipeline construction loan was issued by a Wyoming bank.

Getting a small business loan in Saratoga, Wyoming was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from The Rawlins National Bank, operating out of Rawlins, Wyoming. Here are the details on this Wyoming small business loan.

SBA Loan Borrower

COMPANY TYPE: WATER, SEWER, AND UTILITY LINES
SARATOGA, WY 82331

SBA Loan Lender

THE RAWLINS NATIONAL BANK
220 5TH ST
RAWLINS, WY 82301

This business 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

1623 - Water, Sewer, and Utility Lines

NAICS Code

234910 - Water, Sewer, and Pipeline Construction

Loan Approval Date

3/25/2002

Loan Approval Gross Amount

$180,000

Loan Approval from the SBA

Of the total $180,000 loan amount, the SBA guaranteed $135,000.

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 3 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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 $180,000 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.

Related Links:

Realistic Debt Financing Options

Banks in Rawlins, Wyoming

Wyoming SBA 7A Banks