Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

New Hampshire Bank SBA Loans

 

 
Loan Census SBA Loan Info

Rbs Citizens SBA Loan to Local Trucking With Storage Company

Looking to get a New Hampshire small business loan? Here's one New Hampshire business loan that was approved by the SBA.

This up and coming company knew how to go about getting a business bank loan. Based in New Durham, New Hampshire, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Rbs Citizens, based in Manchester, New Hampshire.

SBA Loan Borrower

COMPANY TYPE: LOCAL TRUCKING WITH STORAGE
NEW DURHAM, NH 03855

SBA Loan Lender

RBS CITIZENS
875 ELM ST
MANCHESTER, NH 03101

The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

4214 - Local Trucking With Storage

Loan Approval Date

5/15/2000

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 an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start business in New Durham NH, you ought to talk with a local New Durham SBA lender or talk with an out-of-area SBA lender that has previously loaned money to New Durham businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Attracting Investors

SBA Participating Banks in Manchester, New Hampshire

New Hampshire SBA 7A Banks