Get an SBA Loan for Ophthalmic Goods Wholesalers

With these small business loans for ophthalmic goods wholesalers, the SBA guarantees the lender that the loan will be repaid. This ophthalmic goods wholesalers loan for $125,000 was given to a New Hampshire entrepreneur in 2000.

This small firm received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Bank Of America, out of Hartford, Connecticut. The loan was granted and they received $125,000 to help grow their Kingston, New Hampshire business.

SBA Loan Borrower

COMPANY TYPE: OPHTHALMIC GOODS
KINGSTON, NH 03848

SBA Loan Lender

BANK OF AMERICA
777 MAIN ST
HARTFORD, CT 06103

This bank loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA delivers a quick answer on whether the loan qualifies.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5048 - Ophthalmic Goods

NAICS Code

421460 - Ophthalmic Goods Wholesalers

Loan Approval Date

4/13/2000

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $93,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 12 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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