Loan Census Banking News and Information
November 15, 2024  
 
 
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Bedford, New Hampshire SBA 7A Banks

 

 
Loan Census SBA Loan Info

Bedford, New Hampshire Bank Gives SBA Loan to Landscaping Services Company

Want to talk with a Bedford, New Hampshire bank about an SBA loan? Here's one New Hampshire business loan, issued by a Bedford bank, that was approved by the SBA.

Applying for an SBA loan with Centrix Bank & Trust worked out well for our friends at one local firm in Bedford, New Hampshire. The business was able to get an SBA loan for $20,500. Awesome!

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
BEDFORD, NH 03110

SBA Loan Lender

CENTRIX BANK & TRUST
1 ATWOOD LN
BEDFORD, NH 03110

The lender provided this small business 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

561730 - Landscaping Services

Loan Approval Date

2/7/2003

Loan Approval Gross Amount

$20,500

Loan Approval from the SBA

Of the total $20,500 loan amount, the SBA guaranteed $10,250.

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 only one employee. The loan application indicated that the funding would help generate 2 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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:

Small Business Credit Cards

Banks in Bedford, New Hampshire

SBA Lenders in New Hampshire