Limited-Service Restaurants SBA Loans
Looking for SBA loans for limited-service restaurants? Talk to a banker who works with the SBA. This $25,000 limited-service restaurants loan was issued by a New Hampshire bank.
Getting a small business loan in Nashua, New Hampshire was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Merrimack County Savings Bank, operating out of Bow, New Hampshire. Here are the details on this New Hampshire small business loan.
SBA Loan Borrower
COMPANY TYPE: LIMITED-SERVICE RESTAURANTS
NASHUA, NH 03062
SBA Loan Lender
MERRIMACK COUNTY SAVINGS BANK
503 SOUTH ST
BOW, NH 03304
This commercial 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
722211 - Limited-Service Restaurants
Loan Approval Date
9/16/2005
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
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 only one employee. This SBA loan request indicated that the borrowed money would help generate 1 new job.
Great, But How Can I Get an SBA Loan for My 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.
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:
Business Line of Credit
Small Business Banks in Bow, New Hampshire
Where to Get an SBA Loan New Hampshire