Loan Census Banking News and Information
May 19, 2024  
 
 
  Business Loan Information  
 

Colebrook, New Hampshire SBA Lenders

 

 
Loan Census SBA Loan Info

Colebrook, New Hampshire Bank Lends Money to Logging Company in Jefferson, New Hampshire

Get SBA loans from a Colebrook, New Hampshire bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

First Colebrook Bank is a Colebrook, New Hampshire small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a New Hampshire company.

SBA Loan Borrower

COMPANY TYPE: LOGGING
JEFFERSON, NH 03583

SBA Loan Lender

FIRST COLEBROOK BANK
132 MAIN ST
COLEBROOK, NH 03576

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

113310 - Logging

Loan Approval Date

9/8/2006

Loan Approval Gross Amount

$334,700

Loan Approval from the SBA

Of the total $334,700 loan amount, the SBA guaranteed $167,350.

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 18 employees. The loan application indicated that the loan would help retain 18 existing jobs.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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 First Colebrook 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:

Advice on Getting a Small Business Loan

Small Business Banks in Colebrook, New Hampshire

New Hampshire SBA Bank Lenders