Getting an SBA Loan for Convenience Stores

Looking for commercial loans for convenience stores? Try the SBA. This $28,400 convenience stores loan was issued by a Vermont bank.

This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with The Merchants Bank, out of South Burlington, Vermont. The loan was granted and they received $28,400 to help grow their Northfield Falls, Vermont business.

SBA Loan Borrower

COMPANY TYPE: CONVENIENCE STORES
NORTHFIELD FALLS, VT 05664

SBA Loan Lender

THE MERCHANTS BANK
275 KENNEDY DR
SOUTH BURLINGTON, VT 05403

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445120 - Convenience Stores

Loan Approval Date

8/26/2005

Loan Approval Gross Amount

$28,400

Loan Approval from the SBA

Of the total $28,400 loan amount, the SBA guaranteed $21,300.

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 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $28,400 loan. Remember, if it to be, it is up to me!

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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