Loan to Buy Certa Propainters Franchise Issued By Chittenden Trust Company

Need a loan to buy a Certa Propainters franchise? Chittenden Trust Company has a history of making these loans and they are guaranteed by the SBA.

Certa Propainters franchise loans are available to Londonderry, New Hampshire entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Chittenden Trust Company, based in Burlington, Vermont, issued an SBA franchise loan for a Certa Propainters franchise in 2002. We've got all the details on this New Hampshire small business loan.

SBA Loan Borrower

CERTA PRO OF ANDOVER
LONDONDERRY, NH 03053

SBA Loan Lender

CHITTENDEN TRUST COMPANY
TWO BURLINGTON SQUARE
BURLINGTON, VT 05401

This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235210 - Painting and Wall Covering

Loan Approval Date

2/28/2002

Loan Approval Gross Amount

$47,500

Loan Approval from the SBA

Of the total $47,500 loan amount, the SBA guaranteed $40,375.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Certa Propainters franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the funding would help create 1 new job.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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 $47,500 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:

CertaPro Painters

Equity Financing

SBA Participating Banks in Burlington, Vermont

SBA Participating Banks in Vermont