Loan Census Banking News and Information
May 8, 2024  
 
 
  Business Loan Information  
 

Banks for Riverton, Wyoming Entrepreneurs

 

 
Loan Census SBA Loan Info

Landscaping Services Small Business Loans

Looking for small business loans for landscaping services? Talk to a banker who works with the SBA. This $173,100 landscaping services loan was issued by an Utah bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Riverton, Wyoming was able to borrow $173,100 from Bank Of The West. The SBA made the loan possible by guaranteeing $129,825 of this Wyoming small business loan.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
RIVERTON, WY 82501

SBA Loan Lender

BANK OF THE WEST
142 EAST 200 SOUTH
SALT LAKE CITY, UT 84111

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

6/20/2003

Loan Approval Gross Amount

$173,100

Loan Approval from the SBA

Of the total $173,100 loan amount, the SBA guaranteed $129,825.

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 7 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 11 existing jobs.

Next Steps for Getting an SBA Loan

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of The West and they will explain how you can get an SBA loan for your company.

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:

Understanding Dilution

SBA Participating Banks in Salt Lake City, Utah

SBA Lenders in Utah