Get an SBA Loan for Flour Mixes and Dough Manufacturing

Looking for loans for flour mixes and dough manufacturing? Talk to a banker who works with the SBA. This $120,000 flour mixes and dough manufacturing loan was issued by a New Hampshire bank.

This company knew how to go about getting a business bank loan. Based in Portsmouth, New Hampshire, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Ocean Bank, based in Keene, New Hampshire.

SBA Loan Borrower

COMPANY TYPE: FLOUR MIXES AND DOUGH MANUFACTURING
PORTSMOUTH, NH 03801

SBA Loan Lender

OCEAN BANK
122 WEST ST
KEENE, NH 03431

The lender provided this SBA small business 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.

NAICS Code

311822 - Flour Mixes and Dough Manufacturing

Loan Approval Date

6/13/2001

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $102,000.

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 20 employees. The SBA loan documents indicated that the loan would help retain 20 existing jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $120,000 loan. Remember, if it to be, it is up to me!

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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