SOUTHERN & CENTRAL NEW HAMPSHIRE FOCUS
STATEWIDE REACH FOR SBA 504
CRDC manages a variety of small business loan funds targeted to growing New Hampshire businesses throughout New Hampshire. After an analysis of the potential borrowers needs, the CRDC loan officer will work closely with your banker to determine the best program to assist the project. The program is designed as a small business problem solving fund and CRDC can be flexible in tailoring the loan to meet the needs of the borrower. The following are general program terms:
- Maximum Loan Amount: $250,000.00, will consider larger loans on a case by case basis.
- Maximum Participation: 50 percent of total project financing. Up to 75% on loans under $75,000.
- Eligible Uses: Purchase of land, purchase of existing building, renovation of real estate, construction of new facility, purchase of machinery and equipment, working capital and impactful real estate development projects.
- Required Job Creation: 1 new full-time employee for every $50,000 loaned. CRDC will also consider providing assistance if a compelling case for job retention is made by the borrower.
For information please contact Chuck Gilboy or Jennifer Boulanger
CRDC • (603) 651-0679 or (603) 369-6147
Capital Regional Development Council Practices Equal Treatment of Clients
CRDC does not discriminate on the basis of race, color, religion, sex, marital status, disability, age or national origin in services or accommodations offered or provided to our employees, clients or guests. These policies and this notice comply with regulations of the United States Government. Violations of this policy may be mailed to: Administrator, Small Business Administration, Washington, D.C. 20416.