Manchester, New Hampshire Bank Lends Money to Meats And Meat Products Company in Raymond, New Hampshire

A Manchester, New Hampshire small business loan can be yours. Learn how one firm got a $150,000 business loan from this New Hampshire bank.

This loan to an entrepreneur is a good example of an SBA loan. Rbs Citizens made the loan and the SBA guaranteed a portion of the loan. Many other New Hampshire entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: MEATS AND MEAT PRODUCTS
RAYMOND, NH 03077

SBA Loan Lender

RBS CITIZENS
875 ELM ST
MANCHESTER, NH 03101

This SBA 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.

SIC Code

5147 - Meats and Meat Products

Loan Approval Date

7/7/2000

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

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 47 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 50 existing jobs.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in Raymond NH, you ought to talk with a local Raymond SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Raymond businesses.

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 $150,000 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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