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May 19, 2024 |
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| Home > Small Business Lenders by State > Vermont Business Loan Sources > South Burlington, Business Loans > The Merchants Bank South Burlington Business Loans > Personal Services Loan | ||||
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Banks for Essex (essex Center), Vermont Business Owners
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The Merchants Bank Gives SBA Loan to Personal Services CompanyVermontSmall business loans are available to Vermont small business owners through the SBA. In this case, a Vermont bank provides the loan. You can learn something about getting a small business loan in Essex (essex Center), Vermont by studying this loan to a local company, made back in 2000. Banks like The Merchants Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: PERSONAL SERVICES SBA Loan Lender THE MERCHANTS BANK 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 7299 - Personal Services Loan Approval Date 9/28/2000 Loan Approval Gross Amount $48,700 Loan Approval from the SBA Of the total $48,700 loan amount, the SBA guaranteed $24,350. 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 17 employees. The SBA loan documents indicated that the loan would help retain 17 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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. Related Links: Small Business Banks in South Burlington, Vermont
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