Get an SBA Loan for Sporting Goods Stores

Looking for small business loans for sporting goods stores? Try the SBA. This $56,371 sporting goods stores loan was issued by a New Hampshire bank.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Savings Bank Of Walpole, out of Keene, New Hampshire. The loan was granted and they received $56,371 to help grow their Marlborough, New Hampshire business.

SBA Loan Borrower

COMPANY TYPE: SPORTING GOODS STORES
MARLBOROUGH, NH 03455

SBA Loan Lender

SAVINGS BANK OF WALPOLE
84 MARLBORO ST
KEENE, NH 03431

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

451110 - Sporting Goods Stores

Loan Approval Date

9/12/2005

Loan Approval Gross Amount

$56,371

Loan Approval from the SBA

Of the total $56,371 loan amount, the SBA guaranteed $47,915.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The loan application did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $56,371 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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