Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

St. Johnsbury, Vermont Bank Loan

 

 
Loan Census SBA Loan Info

Commercial Loans for Glass and Glazing Contractors

Looking for commercial loans for glass and glazing contractors? An SBA loan may be just what you've been looking for. This $180,000 glass and glazing contractors loan was issued by a Vermont bank.

This business knew how to go about getting a business bank loan. Based in St. Johnsbury, Vermont, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Passumpsic Savings Bank, based in Saint Johnsbury, Vermont.

SBA Loan Borrower

COMPANY TYPE: GLASS AND GLAZING CONTRACTORS
ST. JOHNSBURY, VT 05819

SBA Loan Lender

PASSUMPSIC SAVINGS BANK
497 RAILROAD ST
SAINT JOHNSBURY, VT 05819

This SBA 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

235920 - Glass and Glazing Contractors

Loan Approval Date

10/28/2003

Loan Approval Gross Amount

$180,000

Loan Approval from the SBA

Of the total $180,000 loan amount, the SBA guaranteed $90,000.

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 6 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 6 existing jobs.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

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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