Lancaster, New Hampshire Lender Lends Money to Home Centers Company

Thinking about meeting with a Lancaster, New Hampshire bank about an SBA loan? Here's one New Hampshire business loan, issued by a Lancaster bank, that was approved by the SBA.

Applying for an SBA loan with The Lancaster National Bank worked out well for our friends at one local firm in Lancaster, New Hampshire. They received an SBA loan for $239,000. Great job!

SBA Loan Borrower

COMPANY TYPE: HOME CENTERS
LANCASTER, NH 03584

SBA Loan Lender

THE LANCASTER NATIONAL BANK
1 MIDDLE ST
LANCASTER, NH 03584

This loan for a small business was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

444110 - Home Centers

Loan Approval Date

9/24/2003

Loan Approval Gross Amount

$239,000

Loan Approval from the SBA

Of the total $239,000 loan amount, the SBA guaranteed $119,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This SBA loan was for $239,000. How would you spend $239,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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Banks in Lancaster, New Hampshire

SBA Lenders in New Hampshire