Industrial Building Construction Loans
With these loans for industrial building construction, the SBA guarantees the lender that the loan will be repaid. This industrial building construction loan for $50,000 was given to a New Hampshire entrepreneur in 2005.
This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Northway Bank, out of Berlin, New Hampshire. The loan was granted and they received $50,000 to help grow their Gorham, New Hampshire business.
SBA Loan Borrower
COMPANY TYPE: INDUSTRIAL BUILDING CONSTRUCTION
GORHAM, NH 03581
SBA Loan Lender
NORTHWAY BANK
9 MAIN ST
BERLIN, NH 03570
This business 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
236210 - Industrial Building Construction
Loan Approval Date
7/29/2005
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Northway Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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 - Friends and Family
SBA Participating Banks in Berlin, New Hampshire
Find an SBA Lender in New Hampshire