Loan Census Banking News and Information
December 18, 2024  
 
 
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Vermont Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Miracle-Ear Centers Franchise

Need money to purchase a Miracle-Ear Centers franchise? Chittenden Trust Company has a history of making these loans and they are guaranteed by the SBA.

If you live near Barre, Vermont and are interested in buying a Miracle-Ear Centers franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Chittenden Trust Company. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

MIRACLE EAR
BARRE, VT 05641

SBA Loan Lender

CHITTENDEN TRUST COMPANY
TWO BURLINGTON SQUARE
BURLINGTON, VT 05401

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

446199 - Health and Personal Care Stores

Loan Approval Date

1/14/2004

Loan Approval Gross Amount

$175,900

Loan Approval from the SBA

Of the total $175,900 loan amount, the SBA guaranteed $131,925.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Miracle-Ear Centers franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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