Commercial Loans for Site Preparation Contractors

Looking for commercial loans for site preparation contractors? An SBA loan may be just what you've been looking for. This $195,600 site preparation contractors loan was issued by a Vermont bank.

This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Berkshire Bank, out of Manchester Center, Vermont. The loan was granted and they received $195,600 to help grow their Pawlet, Vermont business.

SBA Loan Borrower

COMPANY TYPE: SITE PREPARATION CONTRACTORS
PAWLET, VT 05761

SBA Loan Lender

BERKSHIRE BANK
4928 MAIN ST
MANCHESTER CENTER, VT 05255

The lender provided this SBA business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

238910 - Site Preparation Contractors

Loan Approval Date

6/6/2006

Loan Approval Gross Amount

$195,600

Loan Approval from the SBA

Of the total $195,600 loan amount, the SBA guaranteed $97,800.

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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.

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

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Strategic Investors

SBA Participating Banks in Manchester Center, Vermont

Getting an SBA Loan in Vermont