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County6th of 22 in Wyoming by approvalsFIPS 56001
SBA loans in Albany County, Wyoming
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 40 loans to businesses in Albany County, Wyoming, in FY2021 to FY2025, worth $31.8M: 28 under 7(a) and 12 under 504.
That is 36.5 approvals per 1,000 business establishments (1,097 establishments in 2023), above the Wyoming figure of 26.6 and close to the national 41.0.
It ranks 6th of 22 Wyoming counties with approvals. In FY2025 there were 8.
19 lenders had approvals here; the most active were Mountain West Small Business Finance (6), Wyoming Capital Access (6) and First Bank of the Lake (3). The most common industry was traveler accommodation.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Albany County
By number of approvals to businesses in the county, FY2021–FY2025; 19 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Mountain West Small Business FinanceSalt Lake City, UT · CDC | 6 | $4.8M | 15.0% | |
| 2 | Wyoming Capital AccessCasper, WY · CDC | 6 | $1.3M | 15.0% | |
| 3 | First Bank of the LakeOsage Beach, MO | 3 | $2.3M | 7.5% | |
| 4 | Newtek Bank, National AssociationMiami, FL | 3 | $2.1M | 7.5% | |
| 5 | Byline BankChicago, IL | 2 | — | 5.0% | |
| 6 | First Internet Bank of IndianaFishers, IN | 2 | — | 5.0% | |
| 7 | Open BankLos Angeles, CA | 2 | — | 5.0% | |
| 8 | First National Bank of OmahaOmaha, NE | 2 | — | 5.0% | |
| 9 | Celtic Bank CorporationSalt Lake City, UT | 2 | — | 5.0% | |
| 10 | United Midwest Savings Bank National AssociationDe Graff, OH | 2 | — | 5.0% | |
| 11 | U.S. Bank, National AssociationCincinnati, OH | 2 | — | 5.0% | |
| 12 | Wells Fargo Bank National AssociationSioux Falls, SD | 1 | — | 2.5% | |
| 13 | Live Oak Banking CompanyWilmington, NC | 1 | — | 2.5% | |
| 14 | Hanmi BankLos Angeles, CA | 1 | — | 2.5% | |
| 15 | BMO Bank National AssociationChicago, IL | 1 | — | 2.5% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 7 | 17.5% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 6 | 15.0% | |
| 3 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 3 | 7.5% | |
| 4 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 2 | 5.0% | |
| 5 | Computer and Peripheral Equipment ManufacturingNAICS 3341 | 2 | 5.0% | |
| 6 | Building Equipment ContractorsNAICS 2382 | 2 | 5.0% | |
| 7 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 1 | 2.5% | |
| 8 | Bakeries and Tortilla ManufacturingNAICS 3118 | 1 | 2.5% | |
| 9 | Automotive Repair and MaintenanceNAICS 8111 | 1 | 2.5% | |
| 10 | Lessors of Real EstateNAICS 5311 | 1 | 2.5% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 13 | 32.5% | |
| 2 | Construction | 6 | 15.0% | |
| 3 | Professional, Scientific, and Technical Services | 5 | 12.5% | |
| 4 | Manufacturing | 3 | 7.5% | |
| 5 | Real Estate and Rental and Leasing | 3 | 7.5% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 3 | 7.5% | |
| 7 | Other Services (except Public Administration) | 2 | 5.0% | |
| 8 | Health Care and Social Assistance | 2 | 5.0% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 3 | $2.6M | $730K | 0 | — | 3 | 18 |
| FY2025 | 5 | $2.9M | $400K | 3 | $1.8M | 8 | 55 |
| FY2024 | 6 | $4.4M | $700K | 1 | — | 7 | 130 |
| FY2023 | 7 | $11.9M | $417K | 1 | — | 8 | 88 |
| FY2022 | 5 | $2.7M | $250K | 4 | $3.0M | 9 | 226 |
| FY2021 | 5 | $3.7M | $702K | 3 | $779K | 8 | 77 |
| FY2020 | 2 | — | — | 2 | — | 4 | 48 |
| FY2019 | 2 | — | — | 4 | $2.1M | 6 | 23 |
| FY2018 | 4 | $60K | $12K | 1 | — | 5 | 5 |
| FY2017 | 3 | $115K | $10K | 2 | — | 5 | 7 |
| FY2016 | 3 | $270K | $5,000 | 0 | — | 3 | 18 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 23 approvals.
Against Wyoming and the country
| FY2021–FY2025 | Albany County | Wyoming | United States |
|---|---|---|---|
| Approvals | 40 | 635 | 342,825 |
| Approvals per 1,000 establishments | 36.5 | 26.6 | 41.0 |
| Median 7(a) approval | $538K | $177K | $190K |
| Median 504 approval | $251K | $415K | $657K |
| Average approval | $794K | $576K | $573K |
| 504 share of approvals | 30.0% | 18.1% | 11.0% |
| Jobs supported per approval, as reported | 14.4 | 9.4 | 10.5 |
| Share of state approvals | 6.3% | 100.0% | — |
Approval sizes
- $50,000 or less2.5%1
- $50,001 to $150,00012.5%5
- $150,001 to $350,00030.0%12
- $350,001 to $1 million32.5%13
- $1 million to $2 million15.0%6
- Over $2 million7.5%3
Age of the businesses
- Existing, more than 2 years old65.0%26
- New business, 2 years or less7.5%3
- Startup, loan funds will open the business15.0%6
- Change of ownership12.5%5
Questions and answers
Which lenders make the most SBA loans in Albany County?
By approvals in FY2021 to FY2025: Mountain West Small Business Finance (6), Wyoming Capital Access (6), First Bank of the Lake (3), Newtek Bank, National Association (3), Byline Bank (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Albany County?
The median 7(a) approval was $538K and the median 504 approval $251K; the Wyoming 7(a) median was $177K.
Which industries get the most SBA loans in Albany County?
Traveler Accommodation (7); Restaurants and Other Eating Places (6); Foundation, Structure, and Building Exterior Contractors (3); Management, Scientific, and Technical Consulting Services (2); Computer and Peripheral Equipment Manufacturing (2).
Is SBA lending in Albany County rising?
Approvals in the three latest complete fiscal years total 23, against 21 in the three before: rising (+10%).
How does Albany County compare with the rest of Wyoming?
36.5 approvals per 1,000 establishments against 26.6 statewide, and 40 of the state's 635 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error