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December 18, 2024 |
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| Home > Small Business Lenders by State > Vermont Business Loan Sources > Brandon, Business Loans > Lake Sunapee Bank, Fsb Brandon Business Loans > Funeral Homes And Funeral Services Loan | ||||
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SBA 7A Banks That Lend to Middlebury Business Owners
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Middlebury, Vermont Entrepreneur Gets an SBA LoanVermontBank loans are available to Vermont firms through the SBA. In this case, a Vermont bank provides the loan. You can learn something about getting a small business loan in Middlebury, Vermont by studying this loan to a local company, made back in 2007. Banks like Lake Sunapee Bank, Fsb may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: FUNERAL HOMES AND FUNERAL SERVICES SBA Loan Lender LAKE SUNAPEE BANK, FSB This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812210 - Funeral Homes and Funeral Services Loan Approval Date 9/26/2007 Loan Approval Gross Amount $249,500 Loan Approval from the SBA Of the total $249,500 loan amount, the SBA guaranteed $187,125. 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 5 employees. The loan application indicated that the loan would help retain 5 existing jobs. Next Steps for Getting an SBA Loan Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. We can help you find the best banks for small businesses in Middlebury or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 7A Lenders in Brandon, Vermont
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