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May 17, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Tilton, Business Loans > Northway Bank Tilton Business Loans > Beauty Shops Loan | ||||
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SBA Lender Tilton, New Hampshire
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Tilton, New Hampshire Bank Gives SBA Loan to Beauty Shops CompanyThinking about meeting with a Tilton, New Hampshire bank about a small business loan? Here's one New Hampshire business loan, issued by a Tilton bank, that was approved by the SBA. Applying for an SBA loan with Northway Bank worked out well for our friends at one local firm in Belmont, New Hampshire. They received an SBA loan for $70,000. Sweet! SBA Loan Borrower COMPANY TYPE: BEAUTY SHOPS SBA Loan Lender NORTHWAY BANK This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7231 - Beauty Shops NAICS Code 812112 - Beauty Salons Loan Approval Date 10/4/2001 Loan Approval Gross Amount $70,000 Loan Approval from the SBA Of the total $70,000 loan amount, the SBA guaranteed $59,500. 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 5 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to increase staffing levels 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 firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Dealing With Venture Capitalists SBA Participating Banks in Tilton, New Hampshire
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