Where to Get Capital for Support Services

With these SBA loans for support services, the SBA guarantees the lender that the loan will be repaid. This support services loan for $80,000 was given to a New Hampshire entrepreneur in 2005.

This business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Centrix Bank & Trust, out of Bedford, New Hampshire. The loan was granted and they received $80,000 to help grow their Manchester, New Hampshire business.

SBA Loan Borrower

COMPANY TYPE: SUPPORT SERVICES
MANCHESTER, NH 03109

SBA Loan Lender

CENTRIX BANK & TRUST
1 ATWOOD LN
BEDFORD, NH 03110

This lender processed this business 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

561990 - Support Services

Loan Approval Date

5/10/2005

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $40,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 39 employees. The loan application indicated that the loan would help retain 39 existing jobs.

Next Steps for Getting an SBA Loan

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

Related Links:

Small Business Credit Cards

Where to Get an SBA Loan in Bedford, New Hampshire

New Hampshire SBA 7A Lenders