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May 18, 2024  
 
 
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How Hard Is It to Get a Small Business Loan in Cheyenne, Wyoming?

 

 
Loan Census SBA Loan Info

Manufacturing Commercial Loans

Looking for commercial loans for manufacturing? Talk to a banker who works with the SBA. This $95,600 manufacturing loan was issued by a Wyoming bank.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Jonah Bank Of Wyoming, out of Casper, Wyoming. The loan was granted and they received $95,600 to help grow their Cheyenne, Wyoming business.

SBA Loan Borrower

COMPANY TYPE: MANUFACTURING
CHEYENNE, WY 82001

SBA Loan Lender

JONAH BANK OF WYOMING
777 W 1ST ST
CASPER, WY 82601

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339999 - Manufacturing

Loan Approval Date

8/8/2007

Loan Approval Gross Amount

$95,600

Loan Approval from the SBA

Of the total $95,600 loan amount, the SBA guaranteed $81,260.

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 5 employees. The loan application indicated that the loan would help generate 1 new job and retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Jonah Bank Of Wyoming had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Jonah Bank Of Wyoming made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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.

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