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County3rd of 22 in Wyoming by approvalsFIPS 56025
SBA loans in Natrona 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 70 loans to businesses in Natrona County, Wyoming, in FY2021 to FY2025, worth $41.1M: 50 under 7(a) and 20 under 504.
That is 22.8 approvals per 1,000 business establishments (3,071 establishments in 2023), close to the Wyoming figure of 26.6 and below the national 41.0.
It ranks 3rd of 22 Wyoming counties with approvals. In FY2025 there were 21, up 50% on FY2024.
23 lenders had approvals here; the most active were Mountain West Small Business Finance (10), Wyoming Capital Access (10) and Northeast Bank (8). The most common industry was restaurants and other eating places.
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 Natrona County
By number of approvals to businesses in the county, FY2021–FY2025; 23 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Mountain West Small Business FinanceSalt Lake City, UT · CDC | 10 | $10.1M | 14.3% | |
| 2 | Wyoming Capital AccessCasper, WY · CDC | 10 | $9.6M | 14.3% | |
| 3 | Northeast BankLewiston, ME | 8 | $868K | 11.4% | |
| 4 | The Huntington National BankColumbus, OH | 6 | $2.3M | 8.6% | |
| 5 | Platte Valley BankTorrington, WY | 5 | $383K | 7.1% | |
| 6 | Newtek Bank, National AssociationMiami, FL | 4 | $2.0M | 5.7% | |
| 7 | Hilltop National BankCasper, WY | 3 | $765K | 4.3% | |
| 8 | Readycap Lending, LLCBerkeley Heights, NJ | 3 | $610K | 4.3% | |
| 9 | First Utah BankSalt Lake City, UT | 2 | — | 2.9% | |
| 10 | All Capital BankLocust Grove, OK | 2 | — | 2.9% | |
| 11 | Mission Valley BankSun Valley, CA | 2 | — | 2.9% | |
| 12 | Jonah Bank of WyomingCasper, WY | 2 | — | 2.9% | |
| 13 | Celtic Bank CorporationSalt Lake City, UT | 2 | — | 2.9% | |
| 14 | Zions Bank, A Division ofSalt Lake City, UT | 2 | — | 2.9% | |
| 15 | Columbia BankLake Oswego, OR | 1 | — | 1.4% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 5 | 7.1% | |
| 2 | Traveler AccommodationNAICS 7211 | 4 | 5.7% | |
| 3 | Other Specialty Trade ContractorsNAICS 2389 | 4 | 5.7% | |
| 4 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 3 | 4.3% | |
| 5 | Other Amusement and Recreation IndustriesNAICS 7139 | 3 | 4.3% | |
| 6 | Computer Systems Design and Related ServicesNAICS 5415 | 3 | 4.3% | |
| 7 | Other Miscellaneous RetailersNAICS 4599 | 3 | 4.3% | |
| 8 | Furniture and Home Furnishings RetailersNAICS 4491 | 3 | 4.3% | |
| 9 | Commercial and Industrial Machinery and Equipment Rental and LeasingNAICS 5324 | 2 | 2.9% | |
| 10 | Offices of Other Health PractitionersNAICS 6213 | 2 | 2.9% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 14 | 20.0% | |
| 2 | Accommodation and Food Services | 11 | 15.7% | |
| 3 | Professional, Scientific, and Technical Services | 11 | 15.7% | |
| 4 | Construction | 6 | 8.6% | |
| 5 | Health Care and Social Assistance | 5 | 7.1% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 5 | 7.1% | |
| 7 | Real Estate and Rental and Leasing | 3 | 4.3% | |
| 8 | Arts, Entertainment, and Recreation | 3 | 4.3% |
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* | 14 | $6.2M | $350K | 1 | — | 15 | 261 |
| FY2025 | 17 | $3.7M | $150K | 4 | $1.2M | 21 | 139 |
| FY2024 | 13 | $3.8M | $100K | 1 | — | 14 | 112 |
| FY2023 | 5 | $5.2M | $830K | 7 | $8.5M | 12 | 77 |
| FY2022 | 6 | $2.0M | $208K | 4 | $1.2M | 10 | 91 |
| FY2021 | 9 | $6.7M | $350K | 4 | $3.3M | 13 | 126 |
| FY2020 | 10 | $6.1M | $140K | 1 | — | 11 | 64 |
| FY2019 | 8 | $4.2M | $100K | 3 | $920K | 11 | 230 |
| FY2018 | 6 | $1.3M | $271K | 3 | $2.1M | 9 | 31 |
| FY2017 | 5 | $1.6M | $100K | 1 | — | 6 | 31 |
| FY2016 | 4 | $998K | $164K | 1 | — | 5 | 25 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 42 approvals.
Against Wyoming and the country
| FY2021–FY2025 | Natrona County | Wyoming | United States |
|---|---|---|---|
| Approvals | 70 | 635 | 342,825 |
| Approvals per 1,000 establishments | 22.8 | 26.6 | 41.0 |
| Median 7(a) approval | $198K | $177K | $190K |
| Median 504 approval | $343K | $415K | $657K |
| Average approval | $587K | $576K | $573K |
| 504 share of approvals | 28.6% | 18.1% | 11.0% |
| Jobs supported per approval, as reported | 7.8 | 9.4 | 10.5 |
| Share of state approvals | 11.0% | 100.0% | — |
Approval sizes
- $50,000 or less17.1%12
- $50,001 to $150,00017.1%12
- $150,001 to $350,00031.4%22
- $350,001 to $1 million17.1%12
- $1 million to $2 million8.6%6
- Over $2 million8.6%6
Age of the businesses
- Existing, more than 2 years old65.7%46
- New business, 2 years or less17.1%12
- Startup, loan funds will open the business8.6%6
- Change of ownership8.6%6
Questions and answers
Which lenders make the most SBA loans in Natrona County?
By approvals in FY2021 to FY2025: Mountain West Small Business Finance (10), Wyoming Capital Access (10), Northeast Bank (8), The Huntington National Bank (6), Platte Valley Bank (5). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Natrona County?
The median 7(a) approval was $198K and the median 504 approval $343K; the Wyoming 7(a) median was $177K.
Which industries get the most SBA loans in Natrona County?
Restaurants and Other Eating Places (5); Traveler Accommodation (4); Other Specialty Trade Contractors (4); Management, Scientific, and Technical Consulting Services (3); Other Amusement and Recreation Industries (3).
Is SBA lending in Natrona County rising?
Approvals in the three latest complete fiscal years total 47, against 34 in the three before: rising (+38%).
How does Natrona County compare with the rest of Wyoming?
22.8 approvals per 1,000 establishments against 26.6 statewide, and 70 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