Loan Census Banking News and Information
December 4, 2024  
 
 
  Business Loan Information  
 

Windham SBA Loan from Bank Of New England

 

 
Loan Census SBA Loan Info

Windham, New Hampshire Business Gets SBA-Guaranteed Funding from Bank Of New England

Bank Of New England 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 2002. They applied for an SBA loan with Bank Of New England, out of Nashua, New Hampshire. The loan was granted and they received $82,400 to help grow their Windham, New Hampshire business.

SBA Loan Borrower

COMPANY TYPE: RETAIL BAKERIES
WINDHAM, NH 03087

SBA Loan Lender

BANK OF NEW ENGLAND
295 MAIN ST
NASHUA, NH 03060

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5461 - Retail Bakeries

NAICS Code

445291 - Baked Goods Stores

Loan Approval Date

3/11/2002

Loan Approval Gross Amount

$82,400

Loan Approval from the SBA

Of the total $82,400 loan amount, the SBA guaranteed $70,040.

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 did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for 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:

Role of Business Plan When Raising Money

Best Banks for Small Business in Nashua, New Hampshire

New Hampshire SBA 7A Lenders