Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Vermont SBA 7A Lenders

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Springfield, Vermont Bank to Get an SBA Loan

Thinking about meeting with a Springfield, Vermont bank about a small business loan? Here's one New Hampshire business loan, issued by a Springfield bank, that was approved by the SBA.

Applying for an SBA loan with Connecticut River Bank National As worked out well for our friends at one local firm in Keene, New Hampshire. They received an SBA loan for $36,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: ADVERTISING AGENCIES
KEENE, NH 03431

SBA Loan Lender

CONNECTICUT RIVER BANK NATIONAL AS
270 RIVER ST
SPRINGFIELD, VT 05156

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

541810 - Advertising Agencies

Loan Approval Date

1/13/2005

Loan Approval Gross Amount

$36,000

Loan Approval from the SBA

Of the total $36,000 loan amount, the SBA guaranteed $18,000.

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 15 employees. The SBA loan documents indicated that the loan would help retain 15 existing jobs.

Getting an SBA Loan For Your Business

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

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Startup Funding Tip

Best Banks in Springfield, Vermont

Vermont SBA 7A Banks