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November 15, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Colebrook, Business Loans > First Colebrook Bank Colebrook Business Loans > General Long-Distance Freight Trucking Loan | ||||
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Colebrook, New Hampshire SBA 7A Banks
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Colebrook, New Hampshire Bank Gives SBA Loan to General Long-Distance Freight Trucking CompanyA Colebrook, New Hampshire business loan can be yours. Learn how a company got a $70,700 business loan from this New Hampshire bank. This loan to an entrepreneur is a good example of an SBA loan. First Colebrook Bank made the loan and the SBA guaranteed a portion of the loan. Many other New Hampshire entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: GENERAL LONG-DISTANCE FREIGHT TRUCKING SBA Loan Lender FIRST COLEBROOK BANK This lender processed this SBA small business 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 484121 - General Long-Distance Freight Trucking Loan Approval Date 8/18/2006 Loan Approval Gross Amount $70,700 Loan Approval from the SBA Of the total $70,700 loan amount, the SBA guaranteed $35,350. 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 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $70,700 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Obtaining Funding - How to Decide How Much to Raise SBA 7A Lenders in Colebrook, New Hampshire
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