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May 10, 2024 |
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| Home > Small Business Lenders by State > Wyoming Business Loan Sources > Buffalo, Business Loans > First National Bank Of Buffalo Buffalo Business Loans > Drilling Oil And Gas Wells Loan | ||||
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SBA Lenders in Wyoming
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Gillette, Wyoming Business Gets SBA-Guaranteed Funding from First National Bank Of BuffaloAn SBA loan from First National Bank Of Buffalo typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Gillette, Wyoming business owner got a $315,000 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Gillette, Wyoming was able to borrow $315,000 from First National Bank Of Buffalo. The SBA made the loan possible by guaranteeing $236,250 of this Wyoming small business loan. SBA Loan Borrower COMPANY TYPE: DRILLING OIL AND GAS WELLS SBA Loan Lender FIRST NATIONAL BANK OF BUFFALO The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA bank loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1381 - Drilling Oil and Gas Wells NAICS Code 213111 - Drilling Oil and Gas Wells Loan Approval Date 2/8/2005 Loan Approval Gross Amount $315,000 Loan Approval from the SBA Of the total $315,000 loan amount, the SBA guaranteed $236,250. 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 7 employees. The SBA loan documents did not indicate that the business promised to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First National Bank Of Buffalo and they will explain how you can get an SBA loan for your company. 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: SBA Participating Banks in Buffalo, Wyoming
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