Chittenden Trust Company SBA Loan to Health And Personal Care Stores Company

An SBA loan from Chittenden Trust Company typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Essex Junction, Vermont business owner got a $251,700 loan.

This growing company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Chittenden Trust Company, out of Burlington, Vermont. The loan was granted and they received $251,700 to help grow their Essex Junction, Vermont business.

SBA Loan Borrower

COMPANY TYPE: HEALTH AND PERSONAL CARE STORES
ESSEX JUNCTION, VT 05452

SBA Loan Lender

CHITTENDEN TRUST COMPANY
TWO BURLINGTON SQUARE
BURLINGTON, VT 05401

This loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending background and a deep knowledge SBA lending rules and regulations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

446199 - Health and Personal Care Stores

Loan Approval Date

1/16/2004

Loan Approval Gross Amount

$251,700

Loan Approval from the SBA

Of the total $251,700 loan amount, the SBA guaranteed $188,775.

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 14 employees. This SBA loan request did not indicate that the company planned to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Essex Junction VT, you ought to talk with a local Essex Junction SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Essex Junction businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Chittenden Trust Company and they will explain how you can get an SBA loan for your company.

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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