Vermont Small Business Loan Issued to Home And Garden Equipment Repair And Maintenance Company
Would a Vermont bank loan help help your firm avoid a serious cash crunch? If so, you may want to talk with this Rhode Island bank, which offers SBA loans to Vermont entrepreneurs.
Getting a small business loan in Middletown Springs, Vermont was a top priority for this loan applicant back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Rbs Citizens. Here are the details on this Vermont small business loan.
SBA Loan Borrower
COMPANY TYPE: HOME AND GARDEN EQUIPMENT REPAIR AND MAINTENANCE
MIDDLETOWN SPRINGS, VT 05757
SBA Loan Lender
RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
This lender processed this SBA small business loan 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
811411 - Home and Garden Equipment Repair and Maintenance
Loan Approval Date
9/12/2007
Loan Approval Gross Amount
$4,000
Loan Approval from the SBA
Of the total $4,000 loan amount, the SBA guaranteed $2,000.
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 only one employee. The loan application indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
SBIR Funding
SBA 7A Banks for Providence, Rhode Island Loans
SBA Lenders in Rhode Island