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May 18, 2024 |
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| Home > Small Business Lenders by State > Wyoming Business Loan Sources > Green River, Business Loans > State Bank Green River Business Loans > Eating Places Loan | ||||
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Green River, Wyoming SBA Lenders
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Entrepreneur Works With Green River, Wyoming Bank to Get an SBA LoanThinking about meeting with a Green River, Wyoming bank about a business loan? Here's one Wyoming business loan, issued by a Green River bank, that was approved by the SBA. Applying for an SBA loan with State Bank worked out well for our friends at one local company in Pinedale, Wyoming. They got an SBA loan for $370,000. Awesome! SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender STATE BANK This lender issued this small business loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 12/29/2000 Loan Approval Gross Amount $370,000 Loan Approval from the SBA Of the total $370,000 loan amount, the SBA guaranteed $277,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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 Green River, Wyoming
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