Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Moultonborough, New Hampshire Bank Loan

 

 
Loan Census SBA Loan Info

Baked Goods Stores Commercial Loans

Looking for commercial loans for baked goods stores? The SBA may be the answer. This $20,000 baked goods stores loan was issued by a New Hampshire bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Moultonborough, New Hampshire was able to borrow $20,000 from Laconia Savings Bank. The SBA made the loan possible by guaranteeing $10,000 of this New Hampshire small business loan.

SBA Loan Borrower

COMPANY TYPE: BAKED GOODS STORES
MOULTONBOROUGH, NH 03254

SBA Loan Lender

LACONIA SAVINGS BANK
62 PLEASANT ST
LACONIA, NH 03246

This SBA business 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

445291 - Baked Goods Stores

Loan Approval Date

12/20/2007

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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 Laconia, New Hampshire

Getting an SBA Loan in New Hampshire