Portsmouth, New Hampshire Lender Lends Money to Commercial Physical And Biological Research Company

Thinking about meeting with a Portsmouth, New Hampshire bank about a small business loan? Here's one New Hampshire business loan, issued by a Portsmouth bank, that was approved by the SBA.

Applying for an SBA loan with Td Banknorth worked out well for our friends at one local firm in Portsmouth, New Hampshire. The business was able to get an SBA loan for $570,000. Nice!

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PHYSICAL AND BIOLOGICAL RESEARCH
PORTSMOUTH, NH 03801

SBA Loan Lender

TD BANKNORTH
20 INTERNATIONAL DR
PORTSMOUTH, NH 03801

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8731 - Commercial Physical and Biological Research

NAICS Code

541710 -

Loan Approval Date

7/13/2000

Loan Approval Gross Amount

$570,000

Loan Approval from the SBA

Of the total $570,000 loan amount, the SBA guaranteed $427,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 10 existing jobs.

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.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $570,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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