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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 > Cafeterias, Grill Buffets, And Buffets Loan | ||||
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Raising Money in Springfield, Vermont With SBA Loans
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Cafeterias, Grill Buffets, and Buffets Business LoansLooking for business loans for cafeterias, grill buffets, and buffets? An SBA loan may be just what you've been looking for. This $40,000 cafeterias, grill buffets, and buffets loan was issued by a Vermont bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Springfield, Vermont was able to borrow $40,000 from Connecticut River Bank National As. The SBA made the loan possible by guaranteeing $20,000 of this Vermont small business loan. SBA Loan Borrower COMPANY TYPE: CAFETERIAS, GRILL BUFFETS, AND BUFFETS SBA Loan Lender CONNECTICUT RIVER BANK NATIONAL AS This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 722212 - Cafeterias, Grill Buffets, and Buffets Loan Approval Date 7/20/2006 Loan Approval Gross Amount $40,000 Loan Approval from the SBA Of the total $40,000 loan amount, the SBA guaranteed $20,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the funding would help create 3 new jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Connecticut River Bank National As that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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 Approved Banks in Springfield, Vermont
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