SBA Loan from Savings Bank Of Walpole Helps General Freight Trucking, Local Company

An SBA loan from Savings Bank Of Walpole typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an East Swanzey, New Hampshire business owner got a $60,000 loan.

Getting a small business loan in East Swanzey, New Hampshire was an essential business goal for this company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Savings Bank Of Walpole, operating out of Walpole, New Hampshire. Here are the details on this New Hampshire small business loan.

SBA Loan Borrower

COMPANY TYPE: GENERAL FREIGHT TRUCKING, LOCAL
EAST SWANZEY, NH 03446

SBA Loan Lender

SAVINGS BANK OF WALPOLE
68 AMES PLZ LN
WALPOLE, NH 03608

The lender provided this SBA business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

484110 - General Freight Trucking, Local

Loan Approval Date

6/28/2006

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $30,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower indicated that the loan would help retain 10 existing jobs.

Next Steps for Getting an SBA Loan

If you are raising money in East Swanzey NH, you ought to talk with a local East Swanzey SBA lender or talk with an out-of-area SBA lender that has previously loaned money to East Swanzey businesses.

This SBA loan was for $60,000. How would you spend $60,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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Who Lends Money to Small Businesses in Walpole, New Hampshire

Getting an SBA Loan in New Hampshire