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May 19, 2024 |
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| Home > Small Business Lenders by State > Wyoming Business Loan Sources > Gillette, Business Loans > Security State Bank Gillette Business Loans > Electrical Contractors And Wiring Installation Contractors Loan | ||||
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How Do We Get a Business Loan in Gillette, Wyoming?
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Electrical Contractors and Wiring Installation Contractors Commercial LoansLooking for commercial loans for electrical contractors and wiring installation contractors? An SBA loan may be just what you've been looking for. This $30,000 electrical contractors and wiring installation contractors loan was issued by a Wyoming bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Gillette, Wyoming was able to borrow $30,000 from Security State Bank. The SBA made the loan possible by guaranteeing $25,500 of this Wyoming small business loan. SBA Loan Borrower COMPANY TYPE: ELECTRICAL CONTRACTORS AND WIRING INSTALLATION CONTRACTORS SBA Loan Lender SECURITY STATE BANK This lender issued this particular business 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 238210 - Electrical Contractors and Wiring Installation Contractors Loan Approval Date 7/30/2003 Loan Approval Gross Amount $30,000 Loan Approval from the SBA Of the total $30,000 loan amount, the SBA guaranteed $25,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to add employees or retain any existing employees. Next Steps for Getting an SBA Loan If you have been wondering how do i get money to start a business in Gillette WY, you ought to talk with a local Gillette SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Gillette businesses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Security State Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Who Lends Money to Small Businesses in Gillette, Wyoming
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