SBA Loans for Support Activities for Animal Production

Looking for SBA loans for support activities for animal production? An SBA loan may be just what you've been looking for. This $31,100 support activities for animal production loan was issued by a Vermont bank.

Getting a small business loan in Belmont, Vermont was important for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Berkshire Bank, operating out of Manchester Center, Vermont. Here are the details on this Vermont small business loan.

SBA Loan Borrower

COMPANY TYPE: SUPPORT ACTIVITIES FOR ANIMAL PRODUCTION
BELMONT, VT 05730

SBA Loan Lender

BERKSHIRE BANK
4928 MAIN ST
MANCHESTER CENTER, VT 05255

The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

115210 - Support Activities for Animal Production

Loan Approval Date

3/21/2007

Loan Approval Gross Amount

$31,100

Loan Approval from the SBA

Of the total $31,100 loan amount, the SBA guaranteed $15,550.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Berkshire Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Berkshire Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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