Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

New Hampshire Bank SBA Loans

 

 
Loan Census SBA Loan Info

Meredith, New Hampshire Bank Lends Money to Physical, Occupational And Speech Therapists, And Audiologists Company in Meredith, New Hampshire

A Meredith, New Hampshire SBA loan can be yours. Learn how one firm got a $578,000 business loan from this New Hampshire bank.

This loan to an entrepreneur is a good example of an SBA loan. Meredith Village Savings Bank made the loan and the SBA guaranteed a portion of the loan. Many other New Hampshire entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: PHYSICAL, OCCUPATIONAL AND SPEECH THERAPISTS, AND AUDIOLOGISTS
MEREDITH, NH 03253

SBA Loan Lender

MEREDITH VILLAGE SAVINGS BANK
OLD PROVIDENCE COMMON SHPNG C
MEREDITH, NH 03253

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621340 - Physical, Occupational and Speech Therapists, and Audiologists

Loan Approval Date

6/20/2006

Loan Approval Gross Amount

$578,000

Loan Approval from the SBA

Of the total $578,000 loan amount, the SBA guaranteed $433,500.

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 12 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $578,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Getting a Small Business Loan

Banks in Meredith, New Hampshire

SBA Lenders in New Hampshire