Passumpsic Savings Bank Gives Bank Loan to Full-Service Restaurants Company

New HampshireBank loans are available to New Hampshire firms through the SBA. In this case, a Vermont bank provides the loan.

Getting a small business loan in Littleton (census Name For Lit, New Hampshire was a top priority for this loan applicant back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Passumpsic Savings Bank. Here are the details on this New Hampshire small business loan.

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
LITTLETON (CENSUS NAME FOR LIT, NH 03561

SBA Loan Lender

PASSUMPSIC SAVINGS BANK
497 RAILROAD ST
SAINT JOHNSBURY, VT 05819

This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

722110 - Full-Service Restaurants

Loan Approval Date

5/13/2004

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $35,000.

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 2 employees. The SBA loan application for the borrower indicated that the borrowed money would help create 2 new jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Littleton (census Name For Lit NH, you ought to talk with a local Littleton (census Name For Lit SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Littleton (census Name For Lit businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Passumpsic Savings Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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