Loan Census Banking News and Information
May 19, 2024  
 
 
  Business Loan Information  
 

National Bank Of Middlebury Small Business Bristol, Vermont

 

 
Loan Census SBA Loan Info

National Bank Of Middlebury SBA Loan to Masonry Contractors Company

An SBA loan from National Bank Of Middlebury typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Bristol, Vermont business owner got a $25,000 loan.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with National Bank Of Middlebury, out of Middlebury, Vermont. The loan was granted and they received $25,000 to help grow their Bristol, Vermont business.

SBA Loan Borrower

COMPANY TYPE: MASONRY CONTRACTORS
BRISTOL, VT 05443

SBA Loan Lender

NATIONAL BANK OF MIDDLEBURY
30-32 MAIN ST
MIDDLEBURY, VT 05753

The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

238140 - Masonry Contractors

Loan Approval Date

6/22/2006

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 only one employee. The loan application indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $25,000. How would you spend $25,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Alternative Financing

SBA 7A Banks in Middlebury, Vermont

Getting an SBA Loan in Vermont