Entrepreneur Works With Dover, New Hampshire Bank to Get an SBA Loan

Get SBA loans from a Dover, New Hampshire bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Federal Savings Bank is a Dover, New Hampshire small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a New Hampshire company.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL BAKERIES
DOVER, NH 03820

SBA Loan Lender

FEDERAL SAVINGS BANK
633 CENTRAL AVE
DOVER, NH 03820

This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with appliying for an SBA loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311812 - Commercial Bakeries

Loan Approval Date

12/23/2004

Loan Approval Gross Amount

$20,650

Loan Approval from the SBA

Of the total $20,650 loan amount, the SBA guaranteed $17,552.

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 2 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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:

Accountant's Role in Securing Financing

Small Bank Loans in Dover, New Hampshire

Where to Get an SBA Loan New Hampshire