Loans for Soft Drink Manufacturing
Looking for loans for soft drink manufacturing? Try the SBA. This $35,400 soft drink manufacturing loan was issued by a Vermont bank.
This small firm knew how to go about getting a business bank loan. Based in Moretown, Vermont, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Chittenden Trust Company, based in Burlington, Vermont.
SBA Loan Borrower
COMPANY TYPE: SOFT DRINK MANUFACTURING
Moretown, VT 05660
SBA Loan Lender
CHITTENDEN TRUST COMPANY
TWO BURLINGTON SQUARE
BURLINGTON, VT 05401
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
312111 - Soft Drink Manufacturing
Loan Approval Date
3/12/2007
Loan Approval Gross Amount
$35,400
Loan Approval from the SBA
Of the total $35,400 loan amount, the SBA guaranteed $17,700.
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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
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 Chittenden Trust Company 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.
Related Links:
Financing Your Business
Where to Get an SBA Loan in Burlington, Vermont
Find an SBA Lender in Vermont