New Hampshire Business Loan Issued to Hobby, Toy, And Game Stores Company
New HampshireSBA loans are available to New Hampshire entrepreneurs through the SBA. In this case, a Maine bank provides the loan.
You can learn something about getting a small business loan in Plaistow, New Hampshire by studying this loan to a local business, made back in 2004. Banks like Td Banknorth may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: HOBBY, TOY, AND GAME STORES
PLAISTOW, NH 03865
SBA Loan Lender
TD BANKNORTH
1 PORTLAND SQ
PORTLAND, ME 04101
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
451120 - Hobby, Toy, and Game Stores
Loan Approval Date
4/13/2004
Loan Approval Gross Amount
$54,000
Loan Approval from the SBA
Of the total $54,000 loan amount, the SBA guaranteed $27,000.
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 9 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
This company got an SBA loan. You can too! Maybe you need seed money for a small 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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