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December 19, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Keene, Business Loans > Ocean Bank Keene Business Loans > Grocery Stores Loan | ||||
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Business Loans for Nashua Businesses
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Supermarkets and Grocery Stores Business LoansLooking for business loans for supermarkets and grocery stores? Try the SBA. This $480,000 supermarkets and grocery stores loan was issued by a New Hampshire bank. Getting a small business loan in Nashua, New Hampshire was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Ocean Bank, operating out of Keene, New Hampshire. Here are the details on this New Hampshire small business loan. SBA Loan Borrower COMPANY TYPE: GROCERY STORES SBA Loan Lender OCEAN BANK This SBA small business loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5411 - Grocery Stores NAICS Code 445110 - Supermarkets and Grocery Stores Loan Approval Date 4/10/2000 Loan Approval Gross Amount $480,000 Loan Approval from the SBA Of the total $480,000 loan amount, the SBA guaranteed $360,000. 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 11 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Ocean 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: Obtaining Funding - Getting Venture Capital Small Bank Loans in Keene, New Hampshire
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