Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Burlington Lenders

 

 
Loan Census SBA Loan Info

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

Get business loans from a Burlington, Vermont bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Opportunities Cu is a Burlington, Vermont small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Vermont company.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
BURLINGTON, VT 05401

SBA Loan Lender

OPPORTUNITIES CU
18 PEARL ST
BURLINGTON, VT 05401

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide 7A business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

2/6/2004

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $59,500.

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 3 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Opportunities Cu that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Obtaining Funding - How to Borrow Money

SBA Participating Banks in Burlington, Vermont

Find an SBA Lender in Vermont