Loan Census Banking News and Information
May 21, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA 7A Loan in Bedford, New Hampshire and We Got One!

 

 
Loan Census SBA Loan Info

Small Business Loans for Chemical and Allied Products Merchant Wholesalers

Looking for small business loans for chemical and allied products merchant wholesalers? The SBA may be the answer. This $25,000 chemical and allied products merchant wholesalers loan was issued by a New Hampshire bank.

This company knew how to go about getting a business bank loan. Based in Bedford, New Hampshire, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Rbs Citizens, based in Manchester, New Hampshire.

SBA Loan Borrower

COMPANY TYPE: CHEMICAL AND ALLIED PRODUCTS MERCHANT WHOLESALERS
BEDFORD, NH 03110

SBA Loan Lender

RBS CITIZENS
875 ELM ST
MANCHESTER, NH 03101

The lender provided this debt financing through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

424690 - Chemical and Allied Products Merchant Wholesalers

Loan Approval Date

5/21/2004

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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

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

Related Links:

Business Cash Advances

Where to Get an SBA Loan in Manchester, New Hampshire

Where to Get an SBA Loan New Hampshire