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May 17, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Reading, Business Loans > Reading Co-Operative Bank Reading Business Loans > Sheet Metal Work Manufacturing Loan | ||||
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How Do We Get a Business Loan in Hudson, New Hampshire?
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Commercial Loans for Sheet Metal Work ManufacturingWith these commercial loans for sheet metal work manufacturing, the SBA guarantees the lender that the loan will be repaid. This sheet metal work manufacturing loan for $1,000,000 was given to a New Hampshire entrepreneur in 2003. This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Reading Co-Operative Bank, out of Reading, Massachusetts. The loan was granted and they received $1,000,000 to help grow their Hudson, New Hampshire business. SBA Loan Borrower COMPANY TYPE: SHEET METAL WORK MANUFACTURING SBA Loan Lender READING CO-OPERATIVE BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 332322 - Sheet Metal Work Manufacturing Loan Approval Date 1/2/2003 Loan Approval Gross Amount $1,000,000 Loan Approval from the SBA Of the total $1,000,000 loan amount, the SBA guaranteed $750,000. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 15 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We can help you find the best banks for small businesses in Hudson or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Role of Business Plan When Raising Money SBA 7A Banks in Reading, Massachusetts
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