Business Loan from Centrix Bank & Trust Given to Computer Peripheral Equipment Manufacturing Company
Centrix Bank & Trust and the SBA work together to get business loans for growing small businesses. Here's an example of how a New Hampshire entrepreneur was able to get a loan to take a small business to the next level.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in East Hampstead, New Hampshire was able to borrow $100,000 from Centrix Bank & Trust. The SBA made the loan possible by guaranteeing $50,000 of this New Hampshire small business loan.
SBA Loan Borrower
COMPANY TYPE: COMPUTER PERIPHERAL EQUIPMENT MANUFACTURING
EAST HAMPSTEAD, NH 03826
SBA Loan Lender
CENTRIX BANK & TRUST
1 ATWOOD LN
BEDFORD, NH 03110
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
334119 - Computer Peripheral Equipment Manufacturing
Loan Approval Date
6/13/2003
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great funding source
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Centrix Bank & Trust 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.
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