Lending data
Who actually lends to administrative and support businesses in Wyoming?
23 SBA 7(a) loans went to administrative and support businesses in Wyoming recently, at a median of $112,000. Here are the lenders that made them, ranked.
23 SBA 7(a) loans went to administrative and support businesses in Wyoming in the most recent fiscal years. The median was $112,000 over 10 years. The most active lender was Platte Valley Bank, with 6 loans.
What lending to administrative and support businesses in Wyoming actually looks like
Every figure on this page is computed from SBA 7(a) loan-level FOIA data released 2026-06-30. It reflects loans that were actually approved, not rate cards or advertised ranges.
| Measure | Administrative and support services, Wyoming | All 7(a) borrowers |
|---|---|---|
| Loans approved | 23 | 214,102 |
| Median loan | $112,000 | $150,000 |
| 25th - 75th percentile | $38,000 - $350,000 | $50,000 - $500,000 |
| Median term | 10 years | 10 years |
| Median initial rate | 10.50% | 10.25% |
| Share to startups | 26.1% | 33.6% |
| Charge-off rate, FY2010-19 cohort | not enough history | 7.1% |
Which lenders actually funded them
Ranked by loans approved to administrative and support businesses in Wyoming. This is the list worth working from, because a lender that has funded dozens of businesses like yours in your state has seen your file before.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| Platte Valley Bank | 6 | $67,500 | 17% | 7.08% |
| Newtek Bank | 5 | $350,000 | 20% | 11.50% |
| U.S. Bank | 3 | $26,000 | 33% | 10.74% |
| Wells Fargo Bank | 2 | $10,000 | 100% | 13.25% |
What stands out in this market
Reading the figures above against the national picture:
- Loans here run smaller than average. The median of $112,000 is 25% below the $150,000 national median. Smaller loans price higher under the SBA spread caps, so budget for a rate above the headline range.
- Startup share is about average, at 26% against 34% nationally.
- One lender dominates. Platte Valley Bank alone made 26% of these loans, and the top three made 61%. That concentration usually means a lender with a dedicated program for this sector — worth starting there, but get a second quote so you know the terms are competitive.
Which of them lend to new businesses
Of those loans, 26.1% went to businesses the SBA classes as startups — new, under two years old, or opening with the proceeds. These are the lenders in this market that actually wrote them.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| Wells Fargo Bank | 2 | $10,000 | 100% | 13.25% |
How to use this
- Shortlist three lenders from the table whose median loan is close to what you need.
- Ask each whether they are a Preferred Lender and how many 7(a) loans they closed last year. See choosing an SBA lender.
- Check your coverage first with the affordability calculator so you ask for a number the cash flow supports.
- Assemble the package before you call. The document checklist is the single biggest thing you control.
Compare other markets
- Other sectors in Wyoming: retail, professional services, restaurants and hotels, construction, personal services
- Admin Services in comparable states: North Dakota, West Virginia, South Dakota, New Mexico, Montana, Vermont