Commercial Loans for Prefabricated Wood Building Manufacturing
Looking for commercial loans for prefabricated wood building manufacturing? Talk to a banker who works with the SBA. This $52,000 prefabricated wood building manufacturing loan was issued by a Vermont bank.
This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Berkshire Bank, out of Manchester Center, Vermont. The loan was granted and they received $52,000 to help grow their Londonderry, Vermont business.
SBA Loan Borrower
COMPANY TYPE: PREFABRICATED WOOD BUILDING MANUFACTURING
LONDONDERRY, VT 05148
SBA Loan Lender
BERKSHIRE BANK
4928 MAIN ST
MANCHESTER CENTER, VT 05255
This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
321992 - Prefabricated Wood Building Manufacturing
Loan Approval Date
5/25/2006
Loan Approval Gross Amount
$52,000
Loan Approval from the SBA
Of the total $52,000 loan amount, the SBA guaranteed $26,000.
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 9 employees. This SBA loan request indicated that the loan would help retain 9 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Berkshire Bank and they will explain how you can get an SBA loan for your company.
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.
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