Heating Oil Dealers Business Loans

With these business loans for heating oil dealers, the SBA guarantees the lender that the loan will be repaid. This heating oil dealers loan for $875,683 was given to a Vermont entrepreneur in 2000.

Getting a small business loan in Proctor, Vermont was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Ups Capital Business Credit, operating out of Windsor, Connecticut. Here are the details on this Vermont small business loan.

SBA Loan Borrower

COMPANY TYPE: FUEL OIL DEALERS
PROCTOR, VT 05765

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5983 - Fuel Oil Dealers

NAICS Code

454311 - Heating Oil Dealers

Loan Approval Date

11/15/2000

Loan Approval Gross Amount

$875,683

Loan Approval from the SBA

Of the total $875,683 loan amount, the SBA guaranteed $656,762.

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 32 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

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.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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