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November 15, 2024 |
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| Home > Small Business Lenders by State > Vermont Business Loan Sources > Saint Albans, Business Loans > Td Banknorth Saint Albans Business Loans > Heating Oil Dealers Loan | ||||
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Raising Money in Fairfax, Vermont With SBA Loans
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Financing for Heating Oil DealersWith these loans for heating oil dealers, the SBA guarantees the lender that the loan will be repaid. This heating oil dealers loan for $100,000 was given to a Vermont entrepreneur in 2001. Getting a small business loan in Fairfax, Vermont was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Td Banknorth, operating out of Saint Albans, Vermont. Here are the details on this Vermont small business loan. SBA Loan Borrower COMPANY TYPE: HEATING OIL DEALERS SBA Loan Lender TD BANKNORTH This lender processed this business 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 454311 - Heating Oil Dealers Loan Approval Date 1/16/2001 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs. Getting an SBA Loan For Your Business 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: Obtaining Funding From a Venture Capitalist Good Banks for Small Business in Saint Albans, Vermont
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