Keene, New Hampshire Bank Gives SBA Loan to Automotive Body, Paint, And Interior Repair And Maintenance Company

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

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

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE BODY, PAINT, AND INTERIOR REPAIR AND MAINTENANCE
KEENE, NH 03431

SBA Loan Lender

OCEAN BANK
122 WEST ST
KEENE, NH 03431

This debt financing was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811121 - Automotive Body, Paint, and Interior Repair and Maintenance

Loan Approval Date

12/12/2002

Loan Approval Gross Amount

$285,000

Loan Approval from the SBA

Of the total $285,000 loan amount, the SBA guaranteed $213,750.

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 8 employees. This SBA loan request did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Keene NH, you ought to talk with a local Keene SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Keene businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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