Loan Census Banking News and Information
November 15, 2024  
 
 
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Salem Lenders

 

 
Loan Census SBA Loan Info

Salem, New Hampshire Bank Gives SBA Loan to Lessors Of Nonresidential Buildings Company

Get business loans from a Salem, New Hampshire bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Pentucket Bank is a Salem, New Hampshire small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a New Hampshire company.

SBA Loan Borrower

COMPANY TYPE: LESSORS OF NONRESIDENTIAL BUILDINGS
LONDONDERRY, NH 03053

SBA Loan Lender

PENTUCKET BANK
234 N BROADWAY
SALEM, NH 03079

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531120 - Lessors of Nonresidential Buildings

Loan Approval Date

9/26/2007

Loan Approval Gross Amount

$237,235

Loan Approval from the SBA

Of the total $237,235 loan amount, the SBA guaranteed $177,926.

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 10 employees. This SBA loan request indicated that the borrowed money would help generate 10 new jobs.

Next Steps for Getting an SBA Loan

If you need business start up money in Londonderry NH, you ought to talk with a local Londonderry SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Londonderry businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $237,235 loan. Remember, things become real when you believe you can achieve them!

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:

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Best Salem, New Hampshire Banks for Small Business

New Hampshire SBA 7A Lenders