Loan Census Banking News and Information
May 14, 2024  
 
 
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New Hampshire Small Business Funding

 

 
Loan Census SBA Loan Info

Commercial Loans for Truck, Utility Trailer, and RV Rental and Leasing

Looking for commercial loans for truck, utility trailer, and rv rental and leasing? Talk to a banker who works with the SBA. This $20,000 truck, utility trailer, and rv rental and leasing loan was issued by a New Hampshire bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Chichester, New Hampshire was able to borrow $20,000 from Laconia Savings Bank. The SBA made the loan possible by guaranteeing $10,000 of this New Hampshire small business loan.

SBA Loan Borrower

COMPANY TYPE: TRUCK, UTILITY TRAILER, AND RV RENTAL AND LEASING
CHICHESTER, NH 03234

SBA Loan Lender

LACONIA SAVINGS BANK
62 PLEASANT ST
LACONIA, NH 03246

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

532120 - Truck, Utility Trailer, and RV Rental and Leasing

Loan Approval Date

3/15/2007

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

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 only one employee. The loan application did not indicate that the business promised to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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 From a Venture Capitalist

Where to Get an SBA Loan in Laconia, New Hampshire

New Hampshire SBA 7A Lenders