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April 19, 2024  
 
 
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Loan Census SBA Loan Info

Loan to Buy Tire Warehouse Franchise Issued By Connecticut River Bank National As

Need money to buy a Tire Warehouse franchise? Connecticut River Bank National As has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Tire Warehouse franchise? If so, here's a 2005 SBA franchise loan that you should know about. Connecticut River Bank National As was the lender and the entrepreneur was based in Littleton, New Hampshire.

SBA Loan Borrower

ME & DAD'S TIRES & AUTO PARTS,
LITTLETON, NH 03561

SBA Loan Lender

CONNECTICUT RIVER BANK NATIONAL AS
270 RIVER ST
SPRINGFIELD, VT 05156

This lender processed this loan for a small business 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

441320 - Tire Dealers

Loan Approval Date

6/22/2005

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Tire Warehouse franchise. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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 Connecticut River Bank National As 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:

Equity Financing

SBA 7A Banks for Springfield, Vermont Loans

Browse All Business Loan Sources for Vermont