Borrowing Money for Sanitary Paper Product Manufacturing

With these loans for sanitary paper product manufacturing, the SBA guarantees the lender that the loan will be repaid. This sanitary paper product manufacturing loan for $279,000 was given to a New Hampshire entrepreneur in 2002.

Getting a small business loan in Hooksett, New Hampshire was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Td Banknorth, operating out of Manchester, New Hampshire. Here are the details on this New Hampshire small business loan.

SBA Loan Borrower

COMPANY TYPE: SANITARY PAPER PRODUCT MANUFACTURING
HOOKSETT, NH 03106

SBA Loan Lender

TD BANKNORTH
300 FRANKLIN ST
MANCHESTER, NH 03101

When it made this small business loan, this lending institution was part of the SBA's Certified Lenders Program (CLP). This program is designed to offer speedy service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

322291 - Sanitary Paper Product Manufacturing

Loan Approval Date

10/21/2002

Loan Approval Gross Amount

$279,000

Loan Approval from the SBA

Of the total $279,000 loan amount, the SBA guaranteed $209,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 36 employees. This SBA loan request did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $279,000 loan. Remember, feel the fear, and do it anyway.

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 Borrow Money

SBA 7A Banks for Manchester, New Hampshire Loans

New Hampshire SBA 7A Banks