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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 > Repair Shops And Related Services Loan | ||||
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Gillette, Wyoming Bank Loan
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Small Business Loans for Commercial and Industrial Machinery and EquipmentLooking for small business loans for commercial and industrial machinery and equipment? An SBA loan may be just what you've been looking for. This $195,000 commercial and industrial machinery and equipment loan was issued by a Wyoming bank. Getting a small business loan in Gillette, Wyoming was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Security State Bank, operating out of Gillette, Wyoming. Here are the details on this Wyoming small business loan. SBA Loan Borrower COMPANY TYPE: REPAIR SHOPS AND RELATED SERVICES SBA Loan Lender SECURITY STATE BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide small business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7699 - Repair Shops and Related Services NAICS Code 811310 - Commercial and Industrial Machinery and Equipment Loan Approval Date 1/30/2001 Loan Approval Gross Amount $195,000 Loan Approval from the SBA Of the total $195,000 loan amount, the SBA guaranteed $146,250. 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 6 employees. The SBA loan application for the borrower did not indicate that the company promised to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? 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. This SBA loan was for $195,000. How would you spend $195,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Small Bank Loans in Gillette, Wyoming Getting an SBA Loan in Wyoming
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