Recreational Vehicle Dealers Commercial Loans
Looking for commercial loans for recreational vehicle dealers? Try the SBA. This $567,172 recreational vehicle dealers loan was issued by a Wyoming bank.
Getting a small business loan in Sheridan, Wyoming was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from First Interstate Bank, operating out of Sheridan, Wyoming. Here are the details on this Wyoming small business loan.
SBA Loan Borrower
COMPANY TYPE: RECREATIONAL VEHICLE DEALERS
SHERIDAN, WY 82801
SBA Loan Lender
FIRST INTERSTATE BANK
4 S MAIN ST
SHERIDAN, WY 82801
This lender issued this small business loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program began 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.
SIC Code
5561 - Recreational Vehicle Dealers
NAICS Code
441210 - Recreational Vehicle Dealers
Loan Approval Date
10/26/2004
Loan Approval Gross Amount
$567,172
Loan Approval from the SBA
Of the total $567,172 loan amount, the SBA guaranteed $425,379.
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 10 employees. This SBA loan request did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First Interstate Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Understanding Dilution
SBA 7A Lenders in Sheridan, Wyoming
Getting an SBA Loan in Wyoming