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November 15, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Norwich, Business Loans > Ledyard National Bank Norwich Business Loans > Media Representatives Loan | ||||
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Advice for Businesses On Getting a Loan
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Media Representatives LoansLooking for loans for media representatives? Talk to a banker who works with the SBA. This $50,000 media representatives loan was issued by a Vermont bank. This small firm knew how to go about getting a business bank loan. Based in Wilmot Flat, New Hampshire, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Ledyard National Bank, based in Norwich, Vermont. SBA Loan Borrower COMPANY TYPE: MEDIA REPRESENTATIVES SBA Loan Lender LEDYARD NATIONAL BANK 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 541840 - Media Representatives Loan Approval Date 12/4/2003 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. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 1 new job and retain 1 existing job. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. 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 $50,000 loan. Remember, anyone can do it... so why not you? 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: Find an SBA Lender in Norwich, Vermont
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