Getting an SBA Loan for Gasket, Packing, and Sealing Device Manufacturing
Looking for SBA loans for gasket, packing, and sealing device manufacturing? Try the SBA. This $50,000 gasket, packing, and sealing device manufacturing loan was issued by a New Hampshire bank.
This business knew how to go about getting a business bank loan. Based in Colebrook, New Hampshire, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Rbs Citizens, based in Manchester, New Hampshire.
SBA Loan Borrower
COMPANY TYPE: GASKET, PACKING, AND SEALING DEVICE MANUFACTURING
COLEBROOK, NH 03576
SBA Loan Lender
RBS CITIZENS
875 ELM ST
MANCHESTER, NH 03101
The lender provided this bank 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
339991 - Gasket, Packing, and Sealing Device Manufacturing
Loan Approval Date
5/14/2001
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 7 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 7 existing jobs.
Getting an SBA Loan For Your Business
If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.
We can help you find the best banks for small businesses in Colebrook 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.
Related Links:
Determining Proper Capital Structure for a Business
SBA 7A Lenders in Manchester, New Hampshire
SBA Participating Banks in New Hampshire