Where to Get Capital for Fruit and Vegetable Markets
With these small business loans for fruit and vegetable markets, the SBA guarantees the lender that the loan will be repaid. This fruit and vegetable markets loan for $72,000 was given to a Vermont entrepreneur in 2003.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Perkinsville, Vermont was able to borrow $72,000 from Brattleboro S & L Association. The SBA made the loan possible by guaranteeing $36,000 of this Vermont small business loan.
SBA Loan Borrower
COMPANY TYPE: FRUIT AND VEGETABLE MARKETS
PERKINSVILLE, VT 05151
SBA Loan Lender
BRATTLEBORO S & L ASSOCIATION
221 MAIN ST
BRATTLEBORO, VT 05301
This lender processed this SBA 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
445230 - Fruit and Vegetable Markets
Loan Approval Date
4/29/2003
Loan Approval Gross Amount
$72,000
Loan Approval from the SBA
Of the total $72,000 loan amount, the SBA guaranteed $36,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 5 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $72,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Realistic Debt Financing Options
SBA Banks in Brattleboro, Vermont
SBA Lenders in Vermont