SBA Loans for Commercial Bakeries

With these SBA loans for commercial bakeries, the SBA guarantees the lender that the loan will be repaid. This commercial bakeries loan for $95,500 was given to a Vermont entrepreneur in 2006.

This small business knew how to go about getting a business bank loan. Based in New Haven, Vermont, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was National Bank Of Middlebury, based in Middlebury, Vermont.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL BAKERIES
New Haven, VT 05472

SBA Loan Lender

NATIONAL BANK OF MIDDLEBURY
30-32 MAIN ST
MIDDLEBURY, VT 05753

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311812 - Commercial Bakeries

Loan Approval Date

12/28/2006

Loan Approval Gross Amount

$95,500

Loan Approval from the SBA

Of the total $95,500 loan amount, the SBA guaranteed $81,175.

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 5 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? 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:

Microlending as a Small Business Funding Source

Banks in Middlebury, Vermont

Vermont SBA Bank Lenders