Financing for Horse and Equine Production

With these loans for horse and equine production, the SBA guarantees the lender that the loan will be repaid. This horse and equine production loan for $100,000 was given to a Vermont entrepreneur in 2003.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Brookfield, Vermont was able to borrow $100,000 from Chittenden Trust Company. The SBA made the loan possible by guaranteeing $50,000 of this Vermont small business loan.

SBA Loan Borrower

COMPANY TYPE: HORSE AND EQUINE PRODUCTION
BROOKFIELD, VT 05036

SBA Loan Lender

CHITTENDEN TRUST COMPANY
TWO BURLINGTON SQUARE
BURLINGTON, VT 05401

This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

112920 - Horse and Equine Production

Loan Approval Date

7/24/2003

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Getting an SBA Loan For Your Business

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

This SBA loan was for $100,000. How would you spend $100,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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