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November 15, 2024  
 
 
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Business Loans for Morrisville Entrepreneurs

 

 
Loan Census SBA Loan Info

Nondurable Goods Wholesalers Small Business Loans

Looking for small business loans for nondurable goods wholesalers? Talk to a banker who works with the SBA. This $200,000 nondurable goods wholesalers loan was issued by a New Hampshire bank.

This company knew how to go about getting a business bank loan. Based in Morrisville, Vermont, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Rbs Citizens, based in Manchester, New Hampshire.

SBA Loan Borrower

COMPANY TYPE: NONDURABLE GOODS WHOLESALERS
MORRISVILLE, VT 05661

SBA Loan Lender

RBS CITIZENS
875 ELM ST
MANCHESTER, NH 03101

This lender processed this SBA 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

422990 - Nondurable Goods Wholesalers

Loan Approval Date

3/21/2003

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $100,000.

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 68 employees. The SBA loan application for the borrower indicated that the loan would help retain 68 existing jobs.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This SBA loan was for $200,000. How would you spend $200,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Obtaining Funding - Getting Venture Capital

Small Business Banks in Manchester, New Hampshire

New Hampshire SBA 7A Lenders