Wyoming SBA lending, from federal loan records
SBA Lenders Actively Funding Businesses in Wyoming
Since FY2020, 103 lenders have funded 696 SBA loans worth $415M for businesses in Wyoming. Borrowers reported 6,854 jobs supported by those loans. Below is who actually writes them, how big they run, and which Wyoming businesses get funded.
Most active SBA lenders in Wyoming
Ranked by loans funded for Wyoming projects since FY2020, not by advertising budget. A lender headquartered elsewhere that funds heavily in Wyoming beats a local name that rarely writes SBA loans.
| Lender | Program | WY loans since FY2020 | Since FY2025 | Median loan | Median rate |
|---|---|---|---|---|---|
| Mountain West Small Business Finance | 504 (CDC) | 80 | 26 | $540K | n/a |
| Bank of Bridger National Association | 7(a) | 65 | 1 | $130K | 5.5% |
| Wyoming Capital Access | 504 (CDC) | 55 | 12 | $285K | n/a |
| Platte Valley Bank | 7(a) | 46 | 6 | $65K | 6% |
| U.S. Bank, National Association | 7(a) | 38 | 18 | $49K | 9.09% |
| Newtek Bank, National Association | 7(a) | 25 | 15 | $250K | 11.5% |
| Northeast Bank | 7(a) | 21 | 18 | $100K | 10.25% |
| Live Oak Banking Company | 7(a) | 20 | 5 | $1.2M | 9.25% |
| Wells Fargo Bank National Association | 7(a) | 19 | 4 | $15K | 10.25% |
| Glacier Bank | 7(a) | 17 | 2 | $239K | 5.75% |
| Wyoming Community Bank | 7(a) | 15 | 0 | $200K | 5% |
| The Huntington National Bank | 7(a) | 15 | 5 | $350K | 9.5% |
| Community Banks of Colorado, A Division of NBH Bank | 7(a) | 15 | 3 | $397K | 7% |
| Celtic Bank Corporation | 7(a) | 13 | 9 | $150K | 10.25% |
| Readycap Lending, LLC | 7(a) | 13 | 7 | $205K | 11.25% |
| First Northern Bank of Wyoming | 7(a) | 12 | 9 | $130K | 7.75% |
| First Interstate Bank | 7(a) | 10 | 1 | $90K | 7% |
| BayFirst National Bank | 7(a) | 10 | 4 | $150K | 12.12% |
| Zions Bank | 7(a) | 10 | 9 | $101K | 9.25% |
| Newtek Small Business Finance, Inc. | 7(a) | 9 | 0 | $350K | 6.25% |
| Jonah Bank of Wyoming | 7(a) | 7 | 3 | $64K | 6.75% |
| Mountain America FCU | 7(a) | 7 | 2 | $112K | 7.75% |
| Highmark FCU | 7(a) | 7 | 1 | $100K | 7.25% |
| First National Bank of Omaha | 7(a) | 7 | 1 | $320K | 7% |
| BMO Bank National Association | 7(a) | 6 | 0 | $526K | 5.6% |
504 loans are written by Certified Development Companies alongside a bank first mortgage. The 504 file reports no interest rate, so CDC rows show none.
Smarter Business Funding
Find out what your business could qualify for
Answer six quick questions and get your business funding profile. We match it against real SBA lending records and follow up personally. No credit check, about 60 seconds.
Start your funding profile →How big Wyoming SBA loans run
Share of Wyoming 7(a) loans by approval size, next to the national split. If your ask sits in a common band, it is the kind of loan lenders here fund every week.
| 7(a) loan size | WY | US |
|---|---|---|
| Under $150K | 42% | 40.4% |
| $150K to $500K | 29.5% | 31.9% |
| $500K to $1M | 14.1% | 12.9% |
| $1M and up | 14.5% | 14.9% |
Who gets funded in Wyoming
Business age on Wyoming 7(a) loans. 14.7% funded a change of ownership, against 11.1% nationally. Buying a business? See the acquisition lender shortlist. Starting one? See startup-friendly lenders.
| Business stage | WY | US |
|---|---|---|
| Established, more than 2 years | 53.4% | 55.2% |
| New, 2 years or less | 18.5% | 16.9% |
| Startup, loan opens the business | 13.4% | 16.8% |
| Change of ownership (buying a business) | 14.7% | 11.1% |
Industries Wyoming SBA lenders fund most
Share of all Wyoming SBA loans by industry, and how that compares with the national mix.
| Industry | WY loans | Share | Compared with US |
|---|---|---|---|
| Restaurants and hotels | 116 | 16.7% | 1.3x the national share |
| Retail | 95 | 13.6% | in line with national |
| Construction | 78 | 11.2% | in line with national |
| Professional services | 78 | 11.2% | 1.2x the national share |
| Personal and repair services | 57 | 8.2% | 0.8x the national share |
| Business support services | 43 | 6.2% | in line with national |
| Healthcare | 42 | 6% | 0.6x the national share |
| Wholesale trade | 39 | 5.6% | 1.3x the national share |
The most common specific business types funded in Wyoming: hotels (except casino hotels) and motels (41), full-service restaurants (30), other farm product raw material merchant wholesalers (21), limited-service restaurants (19), plumbing, heating, and air-conditioning contractors (16), landscaping services (13).
Where in Wyoming the loans go
| County | SBA loans since FY2020 | Share of state |
|---|---|---|
| Laramie | 134 | 19% |
| Sheridan | 81 | 12% |
| Natrona | 79 | 11% |
| Teton | 57 | 8% |
| Campbell | 48 | 7% |
| Albany | 43 | 6% |
| Big Horn | 40 | 6% |
| Fremont | 38 | 5% |
7(a) or 504 in Wyoming
20% of Wyoming SBA loans are 504 loans, against 12% nationally. A 504 loan funds owner-occupied real estate or major equipment, with a median of $435K here. A 7(a) loan covers almost anything else, including working capital and buying a business. The busiest 504 lenders in Wyoming:
- Mountain West Small Business Finance: 80 504 loans, median $540K
- Wyoming Capital Access: 54 504 loans, median $286K
Wyoming SBA lending by year
| Fiscal year | 7(a) loans | 504 loans | Dollars |
|---|---|---|---|
| FY2020 | 61 | 12 | $43M |
| FY2021 | 100 | 28 | $68M |
| FY2022 | 92 | 25 | $63M |
| FY2023 | 58 | 16 | $62M |
| FY2024 | 86 | 17 | $59M |
| FY2025 | 108 | 22 | $71M |
| FY2026 (through June 30, 2026) | 55 | 16 | $49M |
The SBA fiscal year runs October through September.
Common questions
Who is the most active SBA lender in Wyoming?
By funded loans since FY2020, Mountain West Small Business Finance leads Wyoming with 80 loans through the 504 program. The most active 7(a) lender is Bank of Bridger National Association, with 65.
How big is a typical SBA loan in Wyoming?
The median 7(a) loan in Wyoming is $167K, and the middle half runs from $74K to $514K. The median 504 loan is $435K. Nationally the 7(a) median is $200K.
What interest rate do Wyoming SBA borrowers get?
The median starting rate on Wyoming 7(a) loans since FY2020 is 8.1%, against 9.25% nationally. 73% of those loans carry a variable rate, which moves with the prime rate.
Can a startup get an SBA loan in Wyoming?
Yes. 32% of Wyoming 7(a) loans with a reported business age went to startups or businesses two years old or younger, against 34% nationally. Lenders still expect a solid plan, owner equity and usually collateral.
Sources and limits. Derived from U.S. Small Business Administration 7(a) and 504 FOIA loan-level records, FY2020 through June 30, 2026, for projects located in Wyoming. Cancelled approvals are excluded. Jobs supported are as reported by borrowers. Figures describe past lending activity only and are not offers, quotes, or qualification decisions. Big Brain Funding is not a lender and is not affiliated with any lender listed.