Loans for Fresh Fruit and Vegetable Merchant Wholesalers

Looking for loans for fresh fruit and vegetable merchant wholesalers? The SBA may be the answer. This $5,000 fresh fruit and vegetable merchant wholesalers loan was issued by a Vermont bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Danville, Vermont was able to borrow $5,000 from Union Bank. The SBA made the loan possible by guaranteeing $2,500 of this Vermont small business loan.

SBA Loan Borrower

COMPANY TYPE: FRESH FRUIT AND VEGETABLE MERCHANT WHOLESALERS
DANVILLE, VT 05828

SBA Loan Lender

UNION BANK
364 RAILROAD ST
SAINT JOHNSBURY, VT 05819

This lender processed this SBA 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

424480 - Fresh Fruit and Vegetable Merchant Wholesalers

Loan Approval Date

2/28/2003

Loan Approval Gross Amount

$5,000

Loan Approval from the SBA

Of the total $5,000 loan amount, the SBA guaranteed $2,500.

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. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? 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

SBA Approved Banks in Saint Johnsbury, Vermont

Getting an SBA Loan in Vermont