SBA Loans for Nondurable Goods Merchant Wholesalers

Looking for SBA loans for nondurable goods merchant wholesalers? The SBA may be the answer. This $75,000 nondurable goods merchant wholesalers loan was issued by a New Hampshire bank.

Getting a small business loan in Littleton, New Hampshire was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Connecticut River Bank National As, operating out of Littleton, New Hampshire. Here are the details on this New Hampshire small business loan.

SBA Loan Borrower

COMPANY TYPE: NONDURABLE GOODS
LITTLETON, NH 03561

SBA Loan Lender

CONNECTICUT RIVER BANK NATIONAL AS
8 MAIN ST
LITTLETON, NH 03561

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5199 - Nondurable Goods

NAICS Code

424990 - Nondurable Goods Merchant Wholesalers

Loan Approval Date

2/2/2004

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 30 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Littleton NH, you ought to talk with a local Littleton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Littleton businesses.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Connecticut River Bank National As so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Strategic Investors

Where to Get an SBA Loan in Littleton, New Hampshire

SBA New Hampshire Banks