Loan Census Banking News and Information
May 9, 2024  
 
 
  Business Loan Information  
 

Brownington, Vermont Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Support Activities for Animal Production

Looking for SBA loans for support activities for animal production? An SBA loan may be just what you've been looking for. This $150,000 support activities for animal production loan was issued by a Vermont bank.

This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Community National Bank, out of Saint Johnsbury, Vermont. The loan was granted and they received $150,000 to help grow their Brownington, Vermont business.

SBA Loan Borrower

COMPANY TYPE: SUPPORT ACTIVITIES FOR ANIMAL PRODUCTION
BROWNINGTON, VT 05863

SBA Loan Lender

COMMUNITY NATIONAL BANK
857 MEMORIAL DR, STE 2, PRICE
SAINT JOHNSBURY, VT 05819

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

115210 - Support Activities for Animal Production

Loan Approval Date

11/8/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 3 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

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 $150,000 loan. Remember, feel the fear, and do it anyway.

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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