Loan Census Banking News and Information
May 15, 2024  
 
 
  Business Loan Information  
 

Banks in Vermont

 

 
Loan Census SBA Loan Info

Book Stores Small Business Loans

Looking for small business loans for book stores? An SBA loan may be just what you've been looking for. This $133,500 book stores loan was issued by a Vermont bank.

Getting a small business loan in Essex Jct., Vermont was important for this growing firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Chittenden Trust Company, operating out of Burlington, Vermont. Here are the details on this Vermont small business loan.

SBA Loan Borrower

COMPANY TYPE: BOOK STORES
ESSEX JCT., VT 05452

SBA Loan Lender

CHITTENDEN TRUST COMPANY
TWO BURLINGTON SQUARE
BURLINGTON, VT 05401

This loan was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA promises a rapid loan approval or denial response.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

451211 - Book Stores

Loan Approval Date

7/25/2003

Loan Approval Gross Amount

$133,500

Loan Approval from the SBA

Of the total $133,500 loan amount, the SBA guaranteed $113,475.

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 13 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This SBA loan was for $133,500. How would you spend $133,500 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:

Financing Your Business

Small Business Banks in Burlington, Vermont

Vermont SBA 7A Lenders