Small Business Loans for Office Administrative Services

With these small business loans for office administrative services, the SBA guarantees the lender that the loan will be repaid. This office administrative services loan for $407,500 was given to a Wyoming entrepreneur in 2004.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Cody, Wyoming was able to borrow $407,500 from First National Bank & Trust. The SBA made the loan possible by guaranteeing $305,625 of this Wyoming small business loan.

SBA Loan Borrower

COMPANY TYPE: OFFICE ADMINISTRATIVE SERVICES
CODY, WY 82414

SBA Loan Lender

FIRST NATIONAL BANK & TRUST
245 E 1ST ST
POWELL, WY 82435

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561110 - Office Administrative Services

Loan Approval Date

7/28/2004

Loan Approval Gross Amount

$407,500

Loan Approval from the SBA

Of the total $407,500 loan amount, the SBA guaranteed $305,625.

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 120 employees. The loan application indicated that the loan would help retain 120 existing jobs.

Start the Process for Getting an SBA Loan Today!

Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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