Entrepreneur Works With Manchester Center, Vermont Bank to Get an SBA Loan

Get to know Manchester Center, Vermont banks that specialize in business loans and know how to work with entrepreneurs. Berkshire Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Manchester Center, Vermont starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Berkshire Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
MANCHESTER CENTER, VT 05225

SBA Loan Lender

BERKSHIRE BANK
4928 MAIN ST
MANCHESTER CENTER, VT 05255

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8021 - Offices and Clinics of Dentists

NAICS Code

621210 - Dentists

Loan Approval Date

4/26/2002

Loan Approval Gross Amount

$96,070

Loan Approval from the SBA

Of the total $96,070 loan amount, the SBA guaranteed $81,659.

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 4 employees. This SBA loan request did not indicate that the small business promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in Manchester Center VT, you ought to talk with a local Manchester Center SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Manchester Center businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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