Lending data
Who actually lends to construction and contracting businesses in Wyoming?
33 SBA 7(a) loans went to construction and contracting businesses in Wyoming recently, at a median of $150,000. Here are the lenders that made them, ranked.
33 SBA 7(a) loans went to construction and contracting businesses in Wyoming in the most recent fiscal years. The median was $150,000 over 10 years. The most active lender was Celtic Bank Corporation, with 5 loans.
What lending to construction and contracting 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 | Construction and contracting, Wyoming | All 7(a) borrowers |
|---|---|---|
| Loans approved | 33 | 214,102 |
| Median loan | $150,000 | $150,000 |
| 25th - 75th percentile | $72,300 - $350,000 | $50,000 - $500,000 |
| Median term | 10 years | 10 years |
| Median initial rate | 10.25% | 10.25% |
| Share to startups | 21.2% | 33.6% |
| Charge-off rate, FY2010-19 cohort | 6.5% | 7.1% |
Which lenders actually funded them
Ranked by loans approved to construction and contracting 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 |
|---|---|---|---|---|
| Celtic Bank Corporation | 5 | $150,000 | 0% | 10.25% |
| U.S. Bank | 4 | $32,500 | 25% | 9.24% |
| Live Oak Banking Company | 3 | $250,000 | 33% | 10.75% |
| Readycap Lending, LLC | 3 | $300,000 | 33% | 11.25% |
| Northeast Bank | 3 | $64,600 | 0% | 9.75% |
| Bank of Bridger | 2 | $115,000 | 50% | 8.62% |
| First Northern Bank of Wyoming | 2 | $113,500 | 100% | 7.50% |
| BayFirst National Bank | 2 | $150,000 | 0% | 12.25% |
What stands out in this market
Reading the figures above against the national picture:
- Loan sizes are typical. The median of $150,000 is within a few percent of the $150,000 national median across all 7(a) borrowers, so nothing about this market is unusual on size.
- This is a hard market for new businesses. Only 21% of these loans went to startups, against 34% nationally. If you are pre-revenue, work from the startup table below rather than the main list.
- No single lender dominates, but the top three made 36% of these loans, so the shortlist below covers most of the active market.
Which of them lend to new businesses
Of those loans, 21.2% 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 |
|---|---|---|---|---|
| First Northern Bank of Wyoming | 2 | $113,500 | 100% | 7.50% |
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, admin services, personal services
- Construction in comparable states: District of Columbia, Alaska, North Dakota, South Dakota, Mississippi, West Virginia