Loans for Store Retailers

With these loans for store retailers, the SBA guarantees the lender that the loan will be repaid. This store retailers loan for $150,000 was given to a New Hampshire entrepreneur in 2002.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Keene, New Hampshire was able to borrow $150,000 from Savings Bank Of Walpole. The SBA made the loan possible by guaranteeing $127,500 of this New Hampshire small business loan.

SBA Loan Borrower

COMPANY TYPE: RETAIL STORES
KEENE, NH 03431

SBA Loan Lender

SAVINGS BANK OF WALPOLE
84 MARLBORO ST
KEENE, NH 03431

This lender issued this particular 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

5999 - Retail Stores

NAICS Code

453998 - Store Retailers

Loan Approval Date

7/22/2002

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 10 employees. This SBA loan request did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you need business start up money 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.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Savings Bank Of Walpole that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

How to Raise Money

Good Banks for Small Business in Keene, New Hampshire

Find an SBA Lender in New Hampshire