Connecticut River Bank National As Gives Business Loan to Heating Oil Dealers Company

Would a New Hampshire bank loan help help your firm avoid a serious cash crunch? If so, you may want to talk with this Vermont bank, which offers SBA loans to New Hampshire entrepreneurs.

You can learn something about getting a small business loan in Claremont, New Hampshire by studying this loan to a local company, made back in 2004. Banks like Connecticut River Bank National As may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: HEATING OIL DEALERS
CLAREMONT, NH 03743

SBA Loan Lender

CONNECTICUT RIVER BANK NATIONAL AS
270 RIVER ST
SPRINGFIELD, VT 05156

This SBA small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

454311 - Heating Oil Dealers

Loan Approval Date

4/1/2004

Loan Approval Gross Amount

$554,900

Loan Approval from the SBA

Of the total $554,900 loan amount, the SBA guaranteed $416,175.

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 12 employees. The loan application did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We can help you find the best banks for small businesses in Claremont or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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