Loans for Automotive Parts and Accessories Stores

Looking for loans for automotive parts and accessories stores? Try the SBA. This $50,000 automotive parts and accessories stores loan was issued by a New Hampshire bank.

This company received financial assistance through the SBA's lending programs back in 2008. They applied for an SBA loan with Northway Bank, out of Berlin, New Hampshire. The loan was granted and they received $50,000 to help grow their Presque Isle, Maine business.

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE PARTS AND ACCESSORIES STORES
PRESQUE ISLE, ME 04769

SBA Loan Lender

NORTHWAY BANK
9 MAIN ST
BERLIN, NH 03570

This 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

441310 - Automotive Parts and Accessories Stores

Loan Approval Date

1/7/2008

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 7 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you need business start up money in Presque Isle ME, you ought to talk with a local Presque Isle SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Presque Isle businesses.

We can help you find the best banks for small businesses in Presque Isle or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Microlending as a Small Business Funding Source

SBA Participating Banks in Berlin, New Hampshire

Getting an SBA Loan in New Hampshire