Campton,, New Hampshire Business Gets SBA-Guaranteed Funding from Woodsville Guaranty Savings Bk

An SBA loan from Woodsville Guaranty Savings Bk typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Campton,, New Hampshire business owner got a $250,000 loan.

This growing company knew how to go about getting a business bank loan. Based in Campton,, New Hampshire, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Woodsville Guaranty Savings Bk, based in Littleton, New Hampshire.

SBA Loan Borrower

COMPANY TYPE: BED-AND-BREAKFAST INNS
CAMPTON,, NH 03223

SBA Loan Lender

WOODSVILLE GUARANTY SAVINGS BK
189 COTTAGE ST
LITTLETON, NH 03561

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

721191 - Bed-and-Breakfast Inns

Loan Approval Date

4/10/2006

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Woodsville Guaranty Savings Bk are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Obtaining Funding - Friends and Family

Where to Get an SBA Loan in Littleton, New Hampshire

Getting an SBA Loan in New Hampshire