Financing for Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System

Looking for commercial loans for search, detection, navigation, guidance, aeronautical, and nautical system? Talk to a banker who works with the SBA. This $150,000 search, detection, navigation, guidance, aeronautical, and nautical system loan was issued by a Vermont bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Waitsfield, Vermont was able to borrow $150,000 from Td Banknorth. The SBA made the loan possible by guaranteeing $75,000 of this Vermont small business loan.

SBA Loan Borrower

COMPANY TYPE: AERONAUTICAL AND NAUTICAL SEARCH AND NAVIGATION
WAITSFIELD, VT 05673

SBA Loan Lender

TD BANKNORTH
111 MAIN ST
BURLINGTON, VT 05401

This small business 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.

SIC Code

3812 - Aeronautical and Nautical Search and Navigation

NAICS Code

334511 - Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System

Loan Approval Date

6/5/2000

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

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 12 employees. The SBA loan documents indicated that the loan would help retain 12 existing jobs.

Next Steps for Getting an SBA Loan

If you have been wondering how do i get money to start a business in Waitsfield VT, you ought to talk with a local Waitsfield SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Waitsfield businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $150,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Small Business Loan

SBA Banks in Burlington, Vermont

Where to Get an SBA Loan Vermont