Financing for Tobacco Stores
Looking for loans for tobacco stores? Talk to a banker who works with the SBA. This $275,000 tobacco stores loan was issued by a Massachusetts bank.
Getting a small business loan in Seabrook, New Hampshire was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from The Provident Bank, operating out of Amesbury, Massachusetts. Here are the details on this New Hampshire small business loan.
SBA Loan Borrower
COMPANY TYPE: TOBACCO STORES
SEABROOK, NH 03874
SBA Loan Lender
THE PROVIDENT BANK
5 MARKET ST
AMESBURY, MA 01913
This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453991 - Tobacco Stores
Loan Approval Date
9/9/2004
Loan Approval Gross Amount
$275,000
Loan Approval from the SBA
Of the total $275,000 loan amount, the SBA guaranteed $206,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 5 employees. The SBA loan documents did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you need money to start a business or need money to grow a business, an SBA loan can be a great source of funding.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from The Provident Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Small Business Credit Cards
Small Business Banks in Amesbury, Massachusetts
Massachusetts SBA Bank Lenders