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May 18, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Cheyenne, Business Loans > First National Bank Of Wyoming Cheyenne Business Loans > Amusement And Recreation Industries Loan | ||||
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I Need a Business Loan in Ft. Collins, Colorado
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Amusement and Recreation Industries Bank LoansLooking for bank loans for amusement and recreation industries? An SBA loan may be just what you've been looking for. This $25,000 amusement and recreation industries loan was issued by a Wyoming bank. This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with First National Bank Of Wyoming, out of Cheyenne, Wyoming. The loan was granted and they received $25,000 to help grow their Ft. Collins, Colorado business. SBA Loan Borrower COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES SBA Loan Lender FIRST NATIONAL BANK OF WYOMING This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713990 - Amusement and Recreation Industries Loan Approval Date 5/29/2002 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $21,250. 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 8 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to increase staffing levels 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. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into First National Bank Of Wyoming and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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 7A Lenders in Cheyenne, Wyoming
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