How to Get a Loan for Logging

Looking for business loans for logging? An SBA loan may be just what you've been looking for. This $24,000 logging loan was issued by a Vermont bank.

Getting a small business loan in Richford, Vermont was important for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Peoples Tr Co - St. Albans, operating out of Saint Albans, Vermont. Here are the details on this Vermont small business loan.

SBA Loan Borrower

COMPANY TYPE: LOGGING
RICHFORD, VT 05476

SBA Loan Lender

PEOPLES TR CO - ST. ALBANS
25 KINGMAN ST
SAINT ALBANS, VT 05478

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

113310 - Logging

Loan Approval Date

12/14/2007

Loan Approval Gross Amount

$24,000

Loan Approval from the SBA

Of the total $24,000 loan amount, the SBA guaranteed $12,000.

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 no employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

This company got an SBA loan. You can too! Maybe you need seed money for a small 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

SBA 7A Banks for Saint Albans, Vermont Loans

Where to Get an SBA Loan Vermont