Meredith Village Savings Bank Provides SBA Loan to Buy Culligan Soft Water Service Franchise

Need a loan to invest in a Culligan Soft Water Service franchise? Meredith Village Savings Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Culligan Soft Water Service franchise? If so, here's a 2006 SBA franchise loan that you should know about. Meredith Village Savings Bank was the lender and the entrepreneur was based in Gilford, New Hampshire.

SBA Loan Borrower

CULLIGAN CENTRAL OF NEW HAMPSH
GILFORD, NH 03249

SBA Loan Lender

MEREDITH VILLAGE SAVINGS BANK
24 STATE RTE 25
MEREDITH, NH 03253

This lender processed this business 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

454390 - Direct Selling Establishments

Loan Approval Date

5/12/2006

Loan Approval Gross Amount

$110,000

Loan Approval from the SBA

Of the total $110,000 loan amount, the SBA guaranteed $55,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Culligan Soft Water Service franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Meredith Village Savings Bank and they will explain how you can get an SBA loan for your company.

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:

Culligan International

Business Credit Evaluation

SBA Banks in Meredith, New Hampshire

SBA New Hampshire Banks