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November 21, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Portland, Business Loans > Td Banknorth Portland Business Loans > Fish And Seafood Markets Loan | ||||
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Maine SBA Lenders
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Portland, Maine Lender Lends Money to Fish And Seafood Markets CompanyWant to talk with a Portland, Maine bank about an SBA loan? Here's one Connecticut business loan, issued by a Portland bank, that was approved by the SBA. Applying for an SBA loan with Td Banknorth worked out well for our friends at one local company in Colchester, Connecticut. The business was able to get an SBA loan for $25,000. Nice! SBA Loan Borrower COMPANY TYPE: FISH AND SEAFOOD MARKETS SBA Loan Lender TD BANKNORTH This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 445220 - Fish and Seafood Markets Loan Approval Date 3/8/2004 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. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 10 employees. The loan application indicated that the loan would help retain 10 existing jobs. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Td Banknorth are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: The Friends and Family Network Small Business Banks in Portland, Maine
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