Connecticut Entrepreneur Secures Financing to Buy Rhino Linings Franchise

Borrowing money to buy a Rhino Linings franchise? Td Banknorth has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in East Hartford, Connecticut needed money to invest in a Rhino Linings franchise back in 2001. Td Banknorth issued an SBA franchise loan. Here are the details on this Connecticut small business loan.

SBA Loan Borrower

DVG ENTERPRISES
EAST HARTFORD, CT 06108

SBA Loan Lender

TD BANKNORTH
2461 MAIN ST
GLASTONBURY, CT 06033

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7549 - Automotive Services

NAICS Code

811122 - Automotive Glass Replacement Shops

Loan Approval Date

2/16/2001

Loan Approval Gross Amount

$121,252

Loan Approval from the SBA

Of the total $121,252 loan amount, the SBA guaranteed $103,064.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Rhino Linings franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

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

If you need business start up money in East Hartford CT, you ought to talk with a local East Hartford SBA lender or talk with an out-of-area SBA lender that has previously loaned money to East Hartford businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $121,252 loan. Remember, if it to be, it is up to me!

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:

Rhino Linings

Obtaining Funding From a Venture Capitalist

SBA 7A Lenders in Glastonbury, Connecticut

Connecticut SBA 7A Lenders