Commercial Loans for Spectator Sports

Looking for commercial loans for spectator sports? The SBA may be the answer. This $65,000 spectator sports loan was issued by a New Hampshire bank.

This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Connecticut River Bank National As, out of Littleton, New Hampshire. The loan was granted and they received $65,000 to help grow their Dalton, New Hampshire business.

SBA Loan Borrower

COMPANY TYPE: SPECTATOR SPORTS
DALTON, NH 03598

SBA Loan Lender

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

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7948 -

NAICS Code

711219 - Spectator Sports

Loan Approval Date

3/17/2003

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $55,250.

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 did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Accountant's Role in Securing Financing

SBA Participating Banks in Littleton, New Hampshire

SBA New Hampshire Lenders