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December 19, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Saint Johnsbury, Business Loans > Passumpsic Savings Bank Saint Johnsbury Business Loans > Florists Loan | ||||
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Littleton (census Name For Lit, New Hampshire Bank Loan
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Get an SBA Loan for FloristsLooking for small business loans for florists? Talk to a banker who works with the SBA. This $150,000 florists loan was issued by a Vermont bank. Getting a small business loan in Littleton (census Name For Lit, New Hampshire was important for this growing firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Passumpsic Savings Bank, operating out of Saint Johnsbury, Vermont. Here are the details on this New Hampshire small business loan. SBA Loan Borrower COMPANY TYPE: FLORISTS SBA Loan Lender PASSUMPSIC SAVINGS BANK The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 453110 - Florists Loan Approval Date 2/19/2002 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. 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 8 employees. This SBA loan request indicated that the funding would help generate 1 new job. Next Steps for Getting an SBA Loan SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. 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 Small Bank Loans in Saint Johnsbury, Vermont
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