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November 15, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Bow, Business Loans > Merrimack County Savings Bank Bow Business Loans > Liquor Stores Loan | ||||
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Bow, New Hampshire Bank for SBA Loans
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Bow, New Hampshire Bank Lends Money to Liquor Stores Company in Concord, New HampshireWant to talk with a Bow, New Hampshire bank about an SBA loan? Here's one New Hampshire business loan, issued by a Bow bank, that was approved by the SBA. Applying for an SBA loan with Merrimack County Savings Bank worked out well for our friends at one local company in Concord, New Hampshire. The business was able to get an SBA loan for $35,000. Sweet! SBA Loan Borrower COMPANY TYPE: LIQUOR STORES SBA Loan Lender MERRIMACK COUNTY SAVINGS BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5921 - Liquor Stores NAICS Code 445310 - Beer, Wine, and Liquor Stores Loan Approval Date 3/16/2000 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $28,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Find an SBA Lender in Bow, New Hampshire
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