Loan to Buy Pfg Ventures Franchise Issued By Community National Bank

Borrowing money to buy a Pfg Ventures franchise? Community National Bank has a history of making these loans and they are guaranteed by the SBA.

Pfg Ventures franchise loans are available to Barre, Vermont entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Community National Bank, based in Derby, Vermont, issued an SBA franchise loan for a Pfg Ventures franchise in 2004. We've got all the details on this Vermont small business loan.

SBA Loan Borrower

VISION OF SUCCESS
BARRE, VT 05641

SBA Loan Lender

COMMUNITY NATIONAL BANK
4811 US RTE 5
DERBY, VT 05829

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

424120 - Stationery and Office Supplies Merchant Wholesalers

Loan Approval Date

3/19/2004

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Pfg Ventures franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the borrowed money would help create 1 new job.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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