Getting an SBA Loan for Personal Care Services

With these SBA loans for personal care services, the SBA guarantees the lender that the loan will be repaid. This personal care services loan for $30,000 was given to a New Hampshire entrepreneur in 2004.

This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Franklin Savings Bank, out of Franklin, New Hampshire. The loan was granted and they received $30,000 to help grow their Franklin, New Hampshire business.

SBA Loan Borrower

COMPANY TYPE: PERSONAL CARE SERVICES
FRANKLIN, NH 03235

SBA Loan Lender

FRANKLIN SAVINGS BANK
387 CENTRAL ST
FRANKLIN, NH 03235

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812199 - Personal Care Services

Loan Approval Date

12/16/2004

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $25,500.

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 7 employees. The SBA loan documents did not indicate that the business planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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Microlending as a Small Business Funding Source

Who Lends Money to Small Businesses in Franklin, New Hampshire

SBA New Hampshire Lenders