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November 15, 2024 |
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| Home > Small Business Lenders by State > Vermont Business Loan Sources > South Burlington, Business Loans > The Merchants Bank South Burlington Business Loans > Offices And Clinics Of Optometrists Loan | ||||
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Who Can Get a Business Loan in Colchester, Vermont?
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Get an SBA Loan for OptometristsLooking for loans for optometrists? The SBA may be the answer. This $203,100 optometrists loan was issued by a Vermont bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Colchester, Vermont was able to borrow $203,100 from The Merchants Bank. The SBA made the loan possible by guaranteeing $152,325 of this Vermont small business loan. SBA Loan Borrower COMPANY TYPE: OFFICES AND CLINICS OF OPTOMETRISTS SBA Loan Lender THE MERCHANTS BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8042 - Offices and Clinics of Optometrists NAICS Code 621320 - Optometrists Loan Approval Date 5/23/2000 Loan Approval Gross Amount $203,100 Loan Approval from the SBA Of the total $203,100 loan amount, the SBA guaranteed $152,325. 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 7 employees. The loan application indicated that the loan would help retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $203,100 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Best South Burlington, Vermont Banks for Small Business
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