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May 11, 2024 |
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| Home > Small Business Lenders by State > Wyoming Business Loan Sources > Billings, Business Loans > Yellowstone Bank Billings Business Loans > Physicians Loan | ||||
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How to Get SBA Loans in Sheridan, Wyoming
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Commercial Loans for PhysiciansLooking for commercial loans for physicians? Talk to a banker who works with the SBA. This $77,000 physicians loan was issued by a Montana bank. This business knew how to go about getting a business bank loan. Based in Sheridan, Wyoming, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Yellowstone Bank, based in Billings, Montana. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender YELLOWSTONE BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621111 - Physicians Loan Approval Date 1/9/2002 Loan Approval Gross Amount $77,000 Loan Approval from the SBA Of the total $77,000 loan amount, the SBA guaranteed $65,450. 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 2 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees. Getting an SBA Loan For Your Business If you need business start up money in Sheridan WY, you ought to talk with a local Sheridan SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sheridan businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $77,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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 Banks for Billings, Montana Loans
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