Get an SBA Loan for Convenience Stores

Looking for bank loans for convenience stores? An SBA loan may be just what you've been looking for. This $110,200 convenience stores loan was issued by a Vermont bank.

Getting a small business loan in Lebanon, New Hampshire was important for this growing firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Ledyard National Bank, operating out of Norwich, Vermont. Here are the details on this New Hampshire small business loan.

SBA Loan Borrower

COMPANY TYPE: CONVENIENCE STORES
LEBANON, NH 03756

SBA Loan Lender

LEDYARD NATIONAL BANK
320 MAIN ST
NORWICH, VT 05055

This small 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

445120 - Convenience Stores

Loan Approval Date

1/24/2007

Loan Approval Gross Amount

$110,200

Loan Approval from the SBA

Of the total $110,200 loan amount, the SBA guaranteed $55,100.

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 14 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 14 existing jobs.

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

Many small businesses receive loans backed by the U.S. Small Business Administration.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $110,200 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Business Line of Credit

Small Bank Loans in Norwich, Vermont

Getting a Business Loan in Vermont