How do people use SBA and USDA loans?
Check out this list with some of the projects VITAL has recently financed!
| Farm-to-table restaurant | $195,000 SBA 7a loan |
Remodel space for new restaurant and purchase furniture, fixtures, and equipment. |
| Solar company | $130,000 SBA 7a loan |
Construct solar facility to generate power for a local municipality. |
| Laundry facility | $855,000 SBA 7a loan |
Remodel space and purchase equipment to open new facility. |
| Trucking company | $4,978,000 SBA 7a loan |
Refinance existing debt seller's notes and add working capital. |
| Retail shopping mall | $4,575,000 USDA Business & Industry loan |
Refinance existing real estate debt |
| Factory | $1,700,000 USDA Business & Industry loan |
Refinance real estate loan for existing factory building |
| Recreation facility | $150,000 SBA 7a loan |
Remodel building and purchase equipment to open new recreation business. |
| Flooring company | $150,000 SBA 7a loan |
Remodel space and purchase equipment to open retail business. |
| Software company | $400,000 SBA International Trade loan | Working capital to finance the development costs of new software technology. |
| Donut shop | $278,000 SBA 7a loan |
Purchase furniture, fixtures, and equipment to open a new retail franchise location. |
| Drilling contractor | $672,000 SBA 7a loan |
Purchase directional drilling equipment and add working capital to start contractor business. |
| Restaurant | $94,000 SBA 7a loan |
Purchase furniture, fixtures, and equipment to open a new restaurant. |
| Franchise restaurant | $2,100,000 SBA 7a loan |
Add working capital to open new restaurant locations across multiple states. |
| Road contractor | $1,000,000 SBA 7a loan |
Refinance short-term leases on equipment and add working capital. |
| Smoothie shop | $885,000 SBA 7a loan |
Refinance debt on four franchise locations and fund partner buyout. |
| Tavern | $460,000 SBA 7a loan |
Remodel space and purchase furniture and equipment to open new brew pub. |
Read more here about the loan programs we use most often.
Have a loan opportunity you think would be a good candidate? Contact us to discuss.
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$20 Million in Recently Funded Projects
