Saint Johnsbury, Vermont Bank Lends Money to Landscaping Services Company in Lancaster, New Hampshire

Want to talk with a Saint Johnsbury, Vermont bank about a business loan? Here's one New Hampshire business loan, issued by a Saint Johnsbury bank, that was approved by the SBA.

Applying for an SBA loan with Passumpsic Savings Bank worked out well for our friends at one local firm in Lancaster, New Hampshire. The business was able to get an SBA loan for $15,500. Awesome!

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
LANCASTER, NH 03584

SBA Loan Lender

PASSUMPSIC SAVINGS BANK
497 RAILROAD ST
SAINT JOHNSBURY, VT 05819

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

8/27/2007

Loan Approval Gross Amount

$15,500

Loan Approval from the SBA

Of the total $15,500 loan amount, the SBA guaranteed $13,175.

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 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

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:

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SBA Approved Banks in Saint Johnsbury, Vermont

Vermont SBA Bank Lenders