New Hampshire Bank Loan Issued to Bed-And-Breakfast Inns Company

Want a New Hampshire business loan? This New Hampshire entrepreneur got a business loan, provided by a New Hampshire bank that works with the SBA to help small business owners.

Getting a small business loan in North Conway, New Hampshire was a top priority for this SBA-financed company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Td Banknorth. Here are the details on this New Hampshire small business loan.

SBA Loan Borrower

COMPANY TYPE: BED-AND-BREAKFAST INNS
NORTH CONWAY, NH 03860

SBA Loan Lender

TD BANKNORTH
4 CENTRAL ST
FARMINGTON, NH 03835

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

721191 - Bed-and-Breakfast Inns

Loan Approval Date

11/3/2000

Loan Approval Gross Amount

$540,000

Loan Approval from the SBA

Of the total $540,000 loan amount, the SBA guaranteed $405,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

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