Loan to Buy 1-800-Radiator Franchise Issued By Chittenden Trust Company
Borrowing money to buy a 1-800-Radiator franchise? Chittenden Trust Company has a history of making these loans and they are guaranteed by the SBA.
If you live near Barre, Vermont and are interested in buying a 1-800-Radiator franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Chittenden Trust Company. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
KEVIN & MARY, LLC D/B/A 1-800-RADIATOR VER
Barre, VT 05641
SBA Loan Lender
CHITTENDEN TRUST COMPANY
TWO BURLINGTON SQUARE
BURLINGTON, VT 05401
The lender provided this commercial loan 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
423120 - Motor Vehicle Supplies and New Parts Merchant Wholesalers
Loan Approval Date
8/20/2007
Loan Approval Gross Amount
$142,000
Loan Approval from the SBA
Of the total $142,000 loan amount, the SBA guaranteed $71,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a 1-800-Radiator franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
1-800-Radiator
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Best Burlington, Vermont Banks for Small Business
SBA Participating Banks in Vermont