Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Banks That Lend to Hopkinton Business Owners

 

 
Loan Census SBA Loan Info

Merrimack County Savings Bank Gives SBA Loan to Unsupported Plastics Profile Shapes Company

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

You can learn something about getting a small business loan in Hopkinton, New Hampshire by studying this loan to a local business, made back in 2001. Banks like Merrimack County Savings Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: UNSUPPORTED PLASTICS PROFILE SHAPES
HOPKINTON, NH 03229

SBA Loan Lender

MERRIMACK COUNTY SAVINGS BANK
190 N MAIN ST
CONCORD, NH 03301

This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3082 - Unsupported Plastics Profile Shapes

NAICS Code

326121 - Unsupported Plastics Profile Shapes Manufacturing

Loan Approval Date

10/1/2001

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

We can help you find the best banks for small businesses in Hopkinton or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Role of Business Plan When Raising Money

Good Banks for Small Business in Concord, New Hampshire

New Hampshire SBA Banks