 |
 |
October 31, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Berlin, Business Loans > Northway Bank Berlin Business Loans > New Single-Family Housing Construction Loan | ||||
 |
||||
Business Loans for Campton Entrepreneurs
|
||||
 |
Where to Get Capital for New Single-Family Housing ConstructionWith these small business loans for new single-family housing construction, the SBA guarantees the lender that the loan will be repaid. This new single-family housing construction loan for $50,000 was given to a New Hampshire entrepreneur in 2006. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Campton, New Hampshire was able to borrow $50,000 from Northway Bank. The SBA made the loan possible by guaranteeing $25,000 of this New Hampshire small business loan. SBA Loan Borrower COMPANY TYPE: NEW SINGLE-FAMILY HOUSING CONSTRUCTION SBA Loan Lender NORTHWAY 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 236115 - New Single-Family Housing Construction Loan Approval Date 3/17/2006 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 7 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs. Start the Process for Getting an SBA Loan Today! If you are wondering how to raise money for a company in Campton NH, you ought to talk with a local Campton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Campton businesses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Northway Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Realistic Debt Financing Options Small Business Banks in Berlin, New Hampshire
|
|
||
|
||||
|
|
||||