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October 31, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Manchester, Business Loans > St. Mary's Bank Manchester Business Loans > Full-Service Restaurants Loan | ||||
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Get a Small Business Loan in Manchester, New Hampshire
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Manchester, New Hampshire Entrepreneur Gets a Bank LoanLooking to get a New Hampshire bank loan? This New Hampshire entrepreneur got a bank loan, provided by a New Hampshire bank that works with the SBA to help small business owners. You can learn something about getting a small business loan in Manchester, New Hampshire by studying this loan to a local company, made back in 2005. Banks like St. Mary's Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender ST. MARY'S 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 722110 - Full-Service Restaurants Loan Approval Date 7/6/2005 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $10,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 5 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from St. Mary's 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: SBA 7A Lenders in Manchester, New Hampshire
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