Multifamily Housing Construction Loans
With these loans for multifamily housing construction, the SBA guarantees the lender that the loan will be repaid. This multifamily housing construction loan for $50,000 was given to a New Hampshire entrepreneur in 2000.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Moultonboro (town Name Moulton, New Hampshire was able to borrow $50,000 from Rbs Citizens. The SBA made the loan possible by guaranteeing $25,000 of this New Hampshire small business loan.
SBA Loan Borrower
COMPANY TYPE: MULTIFAMILY HOUSING CONSTRUCTION
MOULTONBORO (TOWN NAME MOULTON, NH 03254
SBA Loan Lender
RBS CITIZENS
875 ELM ST
MANCHESTER, NH 03101
This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
233220 - Multifamily Housing Construction
Loan Approval Date
11/15/2000
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Next Steps for Getting an SBA Loan
If you are working on finding money to start a business in Moultonboro (town Name Moulton NH, you ought to talk with a local Moultonboro (town Name Moulton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Moultonboro (town Name Moulton businesses.
This SBA loan was for $50,000. How would you spend $50,000 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:
Find Start-Up Capital
SBA Banks in Manchester, New Hampshire
Find an SBA Lender in New Hampshire