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May 17, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Springfield, Business Loans > Connecticut River Bank National As Springfield Business Loans > Vending Machine Operators Loan | ||||
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Raising Money in Littleton (census Name For Lit, New Hampshire With SBA Loans
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Vending Machine Operators SBA LoansLooking for SBA loans for vending machine operators? Try the SBA. This $41,700 vending machine operators loan was issued by a Vermont bank. This small business knew how to go about getting a business bank loan. Based in Littleton (census Name For Lit, New Hampshire, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Connecticut River Bank National As, based in Springfield, Vermont. SBA Loan Borrower COMPANY TYPE: VENDING MACHINE OPERATORS SBA Loan Lender CONNECTICUT RIVER BANK NATIONAL AS This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 454210 - Vending Machine Operators Loan Approval Date 4/12/2004 Loan Approval Gross Amount $41,700 Loan Approval from the SBA Of the total $41,700 loan amount, the SBA guaranteed $20,850. 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 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! Don't forget. To get an SBA loan, you must 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. 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: SBA Participating Banks in Springfield, Vermont
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