Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

New Hampshire SBA Lenders

 

 
Loan Census SBA Loan Info

Berlin, New Hampshire Bank Lends Money to Gasoline Stations With Convenience Stores Company in Bridgewater, New Hampshire

Get to know Berlin, New Hampshire banks that specialize in business loans and know how to work with entrepreneurs. Northway Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Bridgewater, New Hampshire starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Northway Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
Bridgewater, NH 03222

SBA Loan Lender

NORTHWAY BANK
9 MAIN ST
BERLIN, NH 03570

This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

6/22/2006

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Angel Investors

Best Banks in Berlin, New Hampshire

SBA Participating Banks in New Hampshire