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December 19, 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 > Tire Dealers Loan | ||||
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Banks for Springfield (census Name For S, Vermont Businesses
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Local Business Gets a Vermont Bank LoanSearching for a Vermont business loan? This Vermont entrepreneur got a business loan, provided by a Vermont bank that works with the SBA to help small business owners. Getting a small business loan in Springfield (census Name For S, Vermont was a top priority for this SBA-financed company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Connecticut River Bank National As. Here are the details on this Vermont small business loan. SBA Loan Borrower COMPANY TYPE: TIRE DEALERS 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 441320 - Tire Dealers Loan Approval Date 6/25/2004 Loan Approval Gross Amount $95,000 Loan Approval from the SBA Of the total $95,000 loan amount, the SBA guaranteed $47,500. 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 documents indicated that the loan would help retain 5 existing jobs. Getting an SBA Loan For Your Business 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 can help you find the best banks for small businesses in Springfield (census Name For S or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 Where to Get an SBA Loan in Springfield, Vermont
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