Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Examples of Brattleboro (town Of) SBA Loans

 

 
Loan Census SBA Loan Info

Business Loans for Wood Window and Door Manufacturing

Looking for business loans for wood window and door manufacturing? The SBA may be the answer. This $250,000 wood window and door manufacturing loan was issued by a Vermont bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Brattleboro (town Of), Vermont was able to borrow $250,000 from Brattleboro S & L Association. The SBA made the loan possible by guaranteeing $125,000 of this Vermont small business loan.

SBA Loan Borrower

COMPANY TYPE: WOOD WINDOW AND DOOR MANUFACTURING
BRATTLEBORO (TOWN OF), VT 05301

SBA Loan Lender

BRATTLEBORO S & L ASSOCIATION
221 MAIN ST
BRATTLEBORO, VT 05301

This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

321911 - Wood Window and Door Manufacturing

Loan Approval Date

5/3/2004

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs.

Next Steps for Getting an SBA Loan

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $250,000 loan. Remember, anyone can do it... so why not you?

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:

Family and Friend Investors - Your First Financiers

SBA Approved Banks in Brattleboro, Vermont

Browse All Business Loan Sources for Vermont