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May 15, 2024 |
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| Home > Small Business Lenders by State > Wyoming Business Loan Sources > Green River, Business Loans > State Bank Green River Business Loans > Household Appliance Stores Loan | ||||
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Green River Lenders
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Green River, Wyoming Bank Lends Money to Household Appliance Stores Company in Rock Springs, WyomingThinking about meeting with a Green River, Wyoming bank about an SBA loan? Here's one Wyoming business loan, issued by a Green River bank, that was approved by the SBA. Applying for an SBA loan with State Bank worked out well for our friends at one local company in Rock Springs, Wyoming. They received an SBA loan for $88,000. Awesome! SBA Loan Borrower COMPANY TYPE: HOUSEHOLD APPLIANCE STORES SBA Loan Lender STATE BANK 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 443111 - Household Appliance Stores Loan Approval Date 4/20/2001 Loan Approval Gross Amount $88,000 Loan Approval from the SBA Of the total $88,000 loan amount, the SBA guaranteed $74,800. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in Rock Springs or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Determining Proper Capital Structure for a Business SBA Approved Banks in Green River, Wyoming Getting an SBA Loan in Wyoming
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