Breweries SBA Loans

With these SBA loans for breweries, the SBA guarantees the lender that the loan will be repaid. This breweries loan for $150,000 was given to a New Hampshire entrepreneur in 2003.

This business knew how to go about getting a business bank loan. Based in Conway (census Name For Conway, New Hampshire, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Northway Bank, based in Berlin, New Hampshire.

SBA Loan Borrower

COMPANY TYPE: BREWERIES
CONWAY (CENSUS NAME FOR CONWAY, NH 03818

SBA Loan Lender

NORTHWAY BANK
9 MAIN ST
BERLIN, NH 03570

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

312120 - Breweries

Loan Approval Date

11/21/2003

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 4 employees. This SBA loan request indicated that the borrowed money would help create 1 new job.

Next Steps for Getting an SBA Loan

If you are raising money in Conway (census Name For Conway NH, you ought to talk with a local Conway (census Name For Conway SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Conway (census Name For Conway businesses.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Northway Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

SBIR Funding

SBA Banks in Berlin, New Hampshire

SBA Participating Banks in New Hampshire