Epping, New Hampshire Entrepreneur Gets an SBA Loan

Would a New Hampshire business loan help your company expand? If so, you may want to talk with this New Hampshire bank, which offers SBA loans to New Hampshire entrepreneurs.

Getting a small business loan in Epping, New Hampshire was a top priority for this SBA-financed company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from First Colebrook Bank. Here are the details on this New Hampshire small business loan.

SBA Loan Borrower

COMPANY TYPE: CONVENIENCE STORES
EPPING, NH 03042

SBA Loan Lender

FIRST COLEBROOK BANK
132 MAIN ST
COLEBROOK, NH 03576

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445120 - Convenience Stores

Loan Approval Date

7/7/2004

Loan Approval Gross Amount

$52,000

Loan Approval from the SBA

Of the total $52,000 loan amount, the SBA guaranteed $44,200.

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

Next Steps for Getting an SBA Loan

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

We can help you find the best banks for small businesses in Epping or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Alternative Financing

SBA Approved Banks in Colebrook, New Hampshire

SBA New Hampshire Banks