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Wyoming · Mining & Energy
SBA loans for mining & energy in Wyoming
56 loans worth $25.2M approved since FY2010 for mining, quarrying, and oil and gas extraction projects located in Wyoming.
Loans
56
Approved
$25.2M
Median loan
$210,750
-7% vs sector nationally
Median rate
6.00%
Jobs supported
746
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to mining & energy in Wyoming
| Lender | Loans | Approved | Share |
|---|---|---|---|
| US Eagle FCU | 1 | $5.0M | |
| Newtek Small Business Finance, Inc. | 1 | $3.3M | |
| First Northern Bank of Wyoming | 11 | $2.7M | |
| Cowboy State Bank | 1 | $1.8M | |
| Glacier Bank | 3 | $1.3M | |
| Wells Fargo Bank | 4 | $1.1M | |
| Wyoming Capital Access | 3 | $1.1M | |
| State Nebraska Bank & Trust | 1 | $1.0M |
Detail
Which industries inside the sector
| Industry | Loans | Share |
|---|---|---|
| Support Activities for Oil and Gas Operations | 33 | |
| Drilling Oil and Gas Wells | 10 | |
| Bituminous Coal and Lignite Surface Mining | 3 | |
| Crude Petroleum and Natural Gas Extraction | 2 | |
| Support Activities for Coal Mining | 2 | |
| Crude Petroleum Extraction | 2 | |
| Other Crushed and Broken Stone Mining and Quarrying | 1 | |
| Clay and Ceramic and Refractory Minerals Mining | 1 |
An SBA 7(a) lender for loans this size
The median SBA loan approved for mining & energy in Wyoming since FY2010 was $210,750. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in Wyoming
1,999 loans across every sector.
Mining & Energy nationally
2,367 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to mining & energy businesses in Wyoming?
- 56 SBA loans totalling $25,243,400 have been approved for mining, quarrying, and oil and gas extraction projects in Wyoming since FY2010.
- Which lenders finance mining & energy in Wyoming?
- The most active by dollars approved are US Eagle FCU, Newtek Small Business Finance, Inc., First Northern Bank of Wyoming, Cowboy State Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for mining & energy in Wyoming?
- The median approval is $210,750, 7% below the national median for this sector ($227,300).
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