Entrepreneur Works With Buffalo, Wyoming Bank to Get an SBA Loan
A Buffalo, Wyoming small business loan can be yours. Learn how a company got a $99,900 business loan from this Wyoming bank.
This loan to a local firm is a good example of an SBA loan. American National Bank made the loan and the SBA guaranteed a portion of the loan. Many other Wyoming entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL AND INSTITUTIONAL BUILDING CONSTRUCTION
SHERIDAN, WY 82801
SBA Loan Lender
AMERICAN NATIONAL BANK
99 S MAIN
BUFFALO, WY 82834
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
233320 - Commercial and Institutional Building Construction
Loan Approval Date
3/18/2004
Loan Approval Gross Amount
$99,900
Loan Approval from the SBA
Of the total $99,900 loan amount, the SBA guaranteed $84,915.
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 only one employee. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great source of funding.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Obtaining Funding From a Venture Capitalist
Small Business Banks in Buffalo, Wyoming
Wyoming SBA Bank Lenders