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November 23, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Meredith, Business Loans > Meredith Village Savings Bank Meredith Business Loans > Full-Service Restaurants Loan | ||||
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I Need a Small Business Loan in Moultonboro, New Hampshire
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Small Business Loans for Full-Service RestaurantsLooking for small business loans for full-service restaurants? Try the SBA. This $492,000 full-service restaurants 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 Meredith Village Savings Bank, out of Meredith, New Hampshire. The loan was granted and they received $492,000 to help grow their Moultonboro, New Hampshire business. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender MEREDITH VILLAGE SAVINGS BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 5/5/2005 Loan Approval Gross Amount $492,000 Loan Approval from the SBA Of the total $492,000 loan amount, the SBA guaranteed $369,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. The loan application did not indicate that the small business planned to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Meredith Village Savings Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: SBA Banks in Meredith, New Hampshire
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