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May 5, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Portsmouth, Business Loans > Ocean Bank Portsmouth Business Loans > Servpro Of Keene Inc Loan | ||||
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How Can I Buy a Franchise in Westmoreland, New Hampshire?
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Loan to Buy Servpro Franchise Issued By Ocean BankBorrowing money to invest in a Servpro franchise? Ocean Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Westmoreland, New Hampshire needed money to invest in a Servpro franchise back in 2005. Ocean Bank issued an SBA franchise loan. Here are the details on this New Hampshire small business loan. SBA Loan Borrower SERVPRO OF KEENE INC SBA Loan Lender OCEAN BANK This lender processed this SBA bank 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 561740 - Carpet and Upholstery Cleaning Services Loan Approval Date 8/3/2005 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Servpro franchise. At the time of the loan, the company had 16 employees. The SBA loan application for the borrower indicated that the loan would help retain 16 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. We can help you find the best banks for small businesses in Westmoreland 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 Banks in Portsmouth, New Hampshire Find an SBA Lender in New Hampshire
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