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November 15, 2024  
 
 
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Connecticut River Bank National As Small Business Loans

 

 
Loan Census SBA Loan Info

SBA Loan from Connecticut River Bank National As Helps Schools And Educational Services Company

Connecticut River Bank National As has a track record as a leading provider of SBA loans. Find out how this New Hampshire entrepreneur received an SBA loan from them.

This business knew how to go about getting a business bank loan. Based in Dalton, New Hampshire, they applied for and received an SBA-guaranteed loan in 2001. The lending bank was Connecticut River Bank National As, based in Littleton, New Hampshire.

SBA Loan Borrower

COMPANY TYPE: SCHOOLS AND EDUCATIONAL SERVICES
DALTON, NH 03598

SBA Loan Lender

CONNECTICUT RIVER BANK NATIONAL AS
8 MAIN ST
LITTLETON, NH 03561

This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8299 - Schools and Educational Services

NAICS Code

611692 - Automobile Driving Schools

Loan Approval Date

11/2/2001

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $51,000.

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 6 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Connecticut River Bank National As had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Connecticut River Bank National As made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Family and Friend Investors - Your First Financiers

Who Lends Money to Small Businesses in Littleton, New Hampshire

Getting an SBA Loan in New Hampshire