Leather Good and Allied Product Manufacturing Loans
With these loans for leather good and allied product manufacturing, the SBA guarantees the lender that the loan will be repaid. This leather good and allied product manufacturing loan for $200,000 was given to a New Hampshire entrepreneur in 2004.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Littleton (census Name For Lit, New Hampshire was able to borrow $200,000 from Connecticut River Bank National As. The SBA made the loan possible by guaranteeing $100,000 of this New Hampshire small business loan.
SBA Loan Borrower
COMPANY TYPE: LEATHER GOOD AND ALLIED PRODUCT MANUFACTURING
LITTLETON (CENSUS NAME FOR LIT, NH 03561
SBA Loan Lender
CONNECTICUT RIVER BANK NATIONAL AS
270 RIVER ST
SPRINGFIELD, VT 05156
This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
316999 - Leather Good and Allied Product Manufacturing
Loan Approval Date
11/2/2004
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $100,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 26 employees. The SBA loan documents indicated that the loan would help retain 26 existing jobs.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
This SBA loan was for $200,000. How would you spend $200,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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.
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