Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

New Hampshire SBA 7A Lenders

 

 
Loan Census SBA Loan Info

Colebrook, New Hampshire Bank Lends Money to Foundation, Structure, And Building Exterior Contractors Company in Hopkinton, New Hampshire

Get to know Colebrook, New Hampshire banks that specialize in SBA loans and know how to work with entrepreneurs. First Colebrook Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Hopkinton, New Hampshire starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from First Colebrook Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: FOUNDATION, STRUCTURE, AND BUILDING EXTERIOR CONTRACTORS
HOPKINTON, NH 03229

SBA Loan Lender

FIRST COLEBROOK BANK
132 MAIN ST
COLEBROOK, NH 03576

The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

238190 - Foundation, Structure, and Building Exterior Contractors

Loan Approval Date

5/7/2004

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 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Choosing VC Firms

SBA Participating Banks in Colebrook, New Hampshire

SBA Lenders in New Hampshire