 |
 |
May 9, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Vermont Business Loan Sources > Randolph, Business Loans > Randolph National Bank Randolph Business Loans > Bowling Centers Loan | ||||
 |
||||
Vermont Small Business Funding
|
||||
 |
Where to Get Capital for Bowling CentersLooking for small business loans for bowling centers? An SBA loan may be just what you've been looking for. This $275,000 bowling centers loan was issued by a Vermont bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Randolph, Vermont was able to borrow $275,000 from Randolph National Bank. The SBA made the loan possible by guaranteeing $206,250 of this Vermont small business loan. SBA Loan Borrower COMPANY TYPE: BOWLING CENTERS SBA Loan Lender RANDOLPH NATIONAL BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713950 - Bowling Centers Loan Approval Date 4/25/2005 Loan Approval Gross Amount $275,000 Loan Approval from the SBA Of the total $275,000 loan amount, the SBA guaranteed $206,250. 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 4 employees. This SBA loan request did not indicate that the company planned to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Remember, you 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. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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:
|
|
||
|
||||
|
|
||||