Business Loan from Northway Bank Given to Convenience Stores Company

Northway Bank has a track record as a leading provider of SBA loans. Find out how this New Hampshire entrepreneur received an SBA loan from them.

This business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Northway Bank, out of Berlin, New Hampshire. The loan was granted and they received $25,000 to help grow their Tamworth, New Hampshire business.

SBA Loan Borrower

COMPANY TYPE: CONVENIENCE STORES
TAMWORTH, NH 03886

SBA Loan Lender

NORTHWAY BANK
9 MAIN ST
BERLIN, NH 03570

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

445120 - Convenience Stores

Loan Approval Date

10/12/2005

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

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

We can help you find the best banks for small businesses in Tamworth 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.

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