Financing for Convenience Stores
Looking for loans for convenience stores? Try the SBA. This $250,000 convenience stores loan was issued by a New Hampshire bank.
This small firm knew how to go about getting a business bank loan. Based in Campton, New Hampshire, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Woodsville Guaranty Savings Bk, based in Woodsville, New Hampshire.
SBA Loan Borrower
COMPANY TYPE: CONVENIENCE STORES
CAMPTON, NH 03223
SBA Loan Lender
WOODSVILLE GUARANTY SAVINGS BK
63 CENTRAL ST
WOODSVILLE, NH 03785
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
445120 - Convenience Stores
Loan Approval Date
5/9/2003
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $125,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 8 employees. The SBA loan application for the borrower indicated that the loan would help retain 8 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? 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:
Debt Financing
Good Banks for Small Business in Woodsville, New Hampshire
New Hampshire SBA Banks