Lincoln, New Hampshire Entrepreneur Gets a Business Loan
Business loans in New Hampshire are hard to find these days. We take a look at one New Hampshire business loan, provided by a Maine bank, that was approved by the SBA.
Getting a small business loan in Lincoln, New Hampshire was a top priority for this SBA-financed company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Td Banknorth. Here are the details on this New Hampshire small business loan.
SBA Loan Borrower
COMPANY TYPE: RECREATIONAL GOODS RENTAL
LINCOLN, NH 03251
SBA Loan Lender
TD BANKNORTH
1 PORTLAND SQ
PORTLAND, ME 04101
The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
532292 - Recreational Goods Rental
Loan Approval Date
11/24/2003
Loan Approval Gross Amount
$32,000
Loan Approval from the SBA
Of the total $32,000 loan amount, the SBA guaranteed $16,000.
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 2 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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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