Raising Money for Pharmacies and Drug Stores

Looking for business loans for pharmacies and drug stores? An SBA loan may be just what you've been looking for. This $158,500 pharmacies and drug stores loan was issued by a Vermont bank.

Getting a small business loan in Glover, Vermont was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Community National Bank, operating out of Derby, Vermont. Here are the details on this Vermont small business loan.

SBA Loan Borrower

COMPANY TYPE: PHARMACIES AND DRUG STORES
GLOVER, VT 05839

SBA Loan Lender

COMMUNITY NATIONAL BANK
4811 US RTE 5
DERBY, VT 05829

This lender processed this bank 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

446110 - Pharmacies and Drug Stores

Loan Approval Date

10/18/2004

Loan Approval Gross Amount

$158,500

Loan Approval from the SBA

Of the total $158,500 loan amount, the SBA guaranteed $79,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 20 employees. The SBA loan documents indicated that the loan would help retain 20 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

We can help you find the best banks for small businesses in Glover or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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

SBA Banks in Derby, Vermont

SBA Participating Banks in Vermont