Entrepreneur Works With Bow, New Hampshire Bank to Get an SBA Loan
Find Bow, New Hampshire banks that specialize in SBA loans and know how to work with entrepreneurs. Merrimack County Savings Bank is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Chichester, New Hampshire starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Merrimack County Savings Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: LIMITED-SERVICE RESTAURANTS
CHICHESTER, NH 03238
SBA Loan Lender
MERRIMACK COUNTY SAVINGS BANK
503 SOUTH ST
BOW, NH 03304
This 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
722211 - Limited-Service Restaurants
Loan Approval Date
4/3/2006
Loan Approval Gross Amount
$90,000
Loan Approval from the SBA
Of the total $90,000 loan amount, the SBA guaranteed $45,000.
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 20 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 20 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you have been wondering how do i get money to start a business in Chichester NH, you ought to talk with a local Chichester SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Chichester businesses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Merrimack County Savings Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
The Art of Bootstrapping
Good Banks for Small Business in Bow, New Hampshire
SBA Participating Banks in New Hampshire