Perishable Prepared Food Manufacturing Small Business Loans
With these small business loans for perishable prepared food manufacturing, the SBA guarantees the lender that the loan will be repaid. This perishable prepared food manufacturing loan for $35,000 was given to a New Hampshire entrepreneur in 2001.
This small firm knew how to go about getting a business bank loan. Based in Dover, New Hampshire, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Rbs Citizens, based in Manchester, New Hampshire.
SBA Loan Borrower
COMPANY TYPE: PERISHABLE PREPARED FOOD MANUFACTURING
DOVER, NH 03820
SBA Loan Lender
RBS CITIZENS
875 ELM ST
MANCHESTER, NH 03101
This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
311991 - Perishable Prepared Food Manufacturing
Loan Approval Date
10/16/2001
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $17,500.
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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Rbs Citizens and they will explain how you can get an SBA loan for your company.
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:
Borrowing Money from Friends and Family
SBA 7A Banks for Manchester, New Hampshire Loans
New Hampshire SBA 7A Lenders