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November 15, 2024  
 
 
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Colebrook, New Hampshire SBA 7A Banks

 

 
Loan Census SBA Loan Info

Colebrook, New Hampshire Bank Gives SBA Loan to Convenience Stores Company

Want to talk with a Colebrook, New Hampshire bank about an SBA loan? Here's one New Hampshire business loan, issued by a Colebrook bank, that was approved by the SBA.

Applying for an SBA loan with First Colebrook Bank worked out well for our friends at one local business in Lancaster (census Name For Lan, New Hampshire. They got an SBA loan for $54,500. Great job!

SBA Loan Borrower

COMPANY TYPE: CONVENIENCE STORES
LANCASTER (CENSUS NAME FOR LAN, NH 03584

SBA Loan Lender

FIRST COLEBROOK BANK
132 MAIN ST
COLEBROOK, NH 03576

This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

445120 - Convenience Stores

Loan Approval Date

1/16/2007

Loan Approval Gross Amount

$54,500

Loan Approval from the SBA

Of the total $54,500 loan amount, the SBA guaranteed $27,250.

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

Start the Process for Getting an SBA Loan Today!

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great funding source

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First Colebrook Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First Colebrook Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Obtaining Funding - How to Decide How Much to Raise

Small Bank Loans in Colebrook, New Hampshire

New Hampshire SBA 7A Lenders