New Hampshire Bank Loan Issued to General Long-Distance Freight Trucking Company

Looking to get a New Hampshire bank loan? This New Hampshire entrepreneur got a bank loan, provided by a Vermont bank that works with the SBA to help small business owners.

This company, based in Hinsdale (census Name For Hins, New Hampshire, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Chittenden Trust Company. We've got the inside scoop on this New Hampshire small business loan.

SBA Loan Borrower

COMPANY TYPE: GENERAL LONG-DISTANCE FREIGHT TRUCKING
HINSDALE (CENSUS NAME FOR HINS, NH 03451

SBA Loan Lender

CHITTENDEN TRUST COMPANY
TWO BURLINGTON SQUARE
BURLINGTON, VT 05401

This SBA bank 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

484121 - General Long-Distance Freight Trucking

Loan Approval Date

6/24/2005

Loan Approval Gross Amount

$123,700

Loan Approval from the SBA

Of the total $123,700 loan amount, the SBA guaranteed $61,850.

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 indicated that the loan would help retain 5 existing jobs.

Next Steps for Getting an SBA Loan

If you need business start up money in Hinsdale (census Name For Hins NH, you ought to talk with a local Hinsdale (census Name For Hins SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hinsdale (census Name For Hins businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Chittenden Trust Company and they will explain how you can get an SBA loan for your company.

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:

The Friends and Family Network

SBA Participating Banks in Burlington, Vermont

Where to Get an SBA Loan Vermont