SBA Loans for Water and Sewer Line and Related Structures Construction

Looking for SBA loans for water and sewer line and related structures construction? Try the SBA. This $573,500 water and sewer line and related structures construction loan was issued by a Vermont bank.

Getting a small business loan in Littleton, New Hampshire was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Connecticut River Bank National As, operating out of Springfield, Vermont. Here are the details on this New Hampshire small business loan.

SBA Loan Borrower

COMPANY TYPE: WATER AND SEWER LINE AND RELATED STRUCTURES CONSTRUCTION
LITTLETON, NH 03561

SBA Loan Lender

CONNECTICUT RIVER BANK NATIONAL AS
270 RIVER ST
SPRINGFIELD, VT 05156

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

237110 - Water and Sewer Line and Related Structures Construction

Loan Approval Date

2/17/2006

Loan Approval Gross Amount

$573,500

Loan Approval from the SBA

Of the total $573,500 loan amount, the SBA guaranteed $430,125.

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 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs.

Next Steps for Getting an SBA Loan

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

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.

Related Links:

Banking Deregulation's Effects on Entrepreneurship

Small Bank Loans in Springfield, Vermont

Vermont SBA 7A Lenders