Vermont SBA Loan Issued to Special Die And Tool, Die Set, Jig, And Fixture Manufacturing Company
VermontBank loans are available to Vermont firms through the SBA. In this case, a Vermont bank provides the loan.
Getting a small business loan in Hartland, Vermont was a top priority for this loan applicant back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Ledyard National Bank. Here are the details on this Vermont small business loan.
SBA Loan Borrower
COMPANY TYPE: SPECIAL DIE AND TOOL, DIE SET, JIG, AND FIXTURE MANUFACTURING
HARTLAND, VT 05052
SBA Loan Lender
LEDYARD NATIONAL BANK
320 MAIN ST
NORWICH, VT 05055
The lender provided this SBA bank 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
333514 - Special Die and Tool, Die Set, Jig, and Fixture Manufacturing
Loan Approval Date
5/6/2005
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $100,000.
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 49 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 49 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
We can help you find the best banks for small businesses in Hartland or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Equity Financing
Find an SBA Lender in Norwich, Vermont
Getting a Business Loan in Vermont