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November 15, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Laconia, Business Loans > Laconia Savings Bank Laconia Business Loans > Car Washes Loan | ||||
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Laconia Savings Bank SBA Loans
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Get an SBA Loan for Car WashesLooking for bank loans for car washes? Try the SBA. This $350,000 car washes loan was issued by a New Hampshire bank. This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Laconia Savings Bank, out of Laconia, New Hampshire. The loan was granted and they received $350,000 to help grow their Merrimack, New Hampshire business. SBA Loan Borrower COMPANY TYPE: CAR WASHES SBA Loan Lender LACONIA SAVINGS BANK This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811192 - Car Washes Loan Approval Date 7/15/2004 Loan Approval Gross Amount $350,000 Loan Approval from the SBA Of the total $350,000 loan amount, the SBA guaranteed $262,500. 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 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Laconia Savings Bank 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: SBA Participating Banks in Laconia, New Hampshire
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