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December 31, 2024 |
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| Home > Small Business Lenders by State > Vermont Business Loan Sources > Manchester Center, Business Loans > Berkshire Bank Manchester Center Business Loans > Full-Service Restaurants Loan | ||||
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How to Get SBA Loans in Ludlow, Vermont
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Full-Service Restaurants Bank LoansLooking for bank loans for full-service restaurants? Talk to a banker who works with the SBA. This $286,500 full-service restaurants loan was issued by a Vermont bank. Getting a small business loan in Ludlow, Vermont was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Berkshire Bank, operating out of Manchester Center, Vermont. Here are the details on this Vermont small business loan. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender BERKSHIRE BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 8/31/2004 Loan Approval Gross Amount $286,500 Loan Approval from the SBA Of the total $286,500 loan amount, the SBA guaranteed $214,875. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 25 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. 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 $286,500 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: SBA Participating Banks in Manchester Center, Vermont
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