Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

Vermont Bank SBA Loans

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Brattleboro, Vermont Bank to Get an SBA Loan

Get to know Brattleboro, Vermont banks that specialize in small business loans and know how to work with entrepreneurs. Brattleboro S & L Association is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Brattleboro (town Of), Vermont starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Brattleboro S & L Association. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: NONCHOCOLATE CONFECTIONERY MANUFACTURING
BRATTLEBORO (TOWN OF), VT 05301

SBA Loan Lender

BRATTLEBORO S & L ASSOCIATION
221 MAIN ST
BRATTLEBORO, VT 05301

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

311340 - Nonchocolate Confectionery Manufacturing

Loan Approval Date

3/26/2004

Loan Approval Gross Amount

$226,500

Loan Approval from the SBA

Of the total $226,500 loan amount, the SBA guaranteed $113,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 11 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 11 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? 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.

Related Links:

Financing Your Business

Banks in Brattleboro, Vermont

Vermont SBA 7A Lenders