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November 15, 2024 |
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| Home > Small Business Lenders by State > Vermont Business Loan Sources > Springfield, Business Loans > Connecticut River Bank National As Springfield Business Loans > Barber Shops Loan | ||||
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Vermont SBA Banks
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Springfield, Vermont Bank Lends Money to Barber Shops Company in Springfield (census Name For S, VermontA Springfield, Vermont business loan can be yours. Learn how one firm got a $28,500 business loan from this Vermont bank. This loan to an entrepreneur is a good example of an SBA loan. Connecticut River Bank National As made the loan and the SBA guaranteed a portion of the loan. Many other Vermont entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: BARBER SHOPS SBA Loan Lender CONNECTICUT RIVER BANK NATIONAL AS This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 812111 - Barber Shops Loan Approval Date 1/7/2003 Loan Approval Gross Amount $28,500 Loan Approval from the SBA Of the total $28,500 loan amount, the SBA guaranteed $14,250. 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 generate 1 new job and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. This SBA loan was for $28,500. How would you spend $28,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: SBA 7A Banks for Springfield, Vermont Loans
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