SBA Loans for Fabricated Pipe and Pipe Fitting Manufacturing
Looking for SBA loans for fabricated pipe and pipe fitting manufacturing? Talk to a banker who works with the SBA. This $75,000 fabricated pipe and pipe fitting manufacturing loan was issued by a New Hampshire bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Portsmouth, New Hampshire was able to borrow $75,000 from Federal Savings Bank. The SBA made the loan possible by guaranteeing $60,000 of this New Hampshire small business loan.
SBA Loan Borrower
COMPANY TYPE: FABRICATED PIPE AND PIPE FITTINGS
PORTSMOUTH, NH 03801
SBA Loan Lender
FEDERAL SAVINGS BANK
633 CENTRAL AVE
DOVER, NH 03820
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3498 - Fabricated Pipe and Pipe Fittings
NAICS Code
332996 - Fabricated Pipe and Pipe Fitting Manufacturing
Loan Approval Date
12/26/2000
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $60,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 5 employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Federal Savings Bank and they will explain how you can get an SBA loan for your company.
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:
Accountant's Role in Securing Financing
SBA Banks in Dover, New Hampshire
Getting an SBA Loan in New Hampshire