Td Banknorth SBA Loan to Retail Stores Company
Looking to get a New York small business loan? Here's one New York business loan that was approved by the SBA.
This small business needed an SBA business loan in Argyle, New York back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Td Banknorth, operating out of Glens Falls, New York. Here are the details on this New York small business loan.
SBA Loan Borrower
COMPANY TYPE: RETAIL STORES
ARGYLE, NY 12809
SBA Loan Lender
TD BANKNORTH
237 GLEN ST
GLENS FALLS, NY 12801
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5999 - Retail Stores
Loan Approval Date
4/12/2000
Loan Approval Gross Amount
$115,000
Loan Approval from the SBA
Of the total $115,000 loan amount, the SBA guaranteed $86,250.
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 2 employees. The loan application indicated that the loan would help generate 1 new job.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $115,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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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