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November 15, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Mahwah, Business Loans > Td Banknorth Mahwah Business Loans > Full-Service Restaurants Loan | ||||
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Examples of East Haven SBA Loans
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Loans for Full-Service RestaurantsLooking for loans for full-service restaurants? Try the SBA. This $224,000 full-service restaurants loan was issued by a New Jersey bank. Getting a small business loan in East Haven, Connecticut was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Td Banknorth, operating out of Mahwah, New Jersey. Here are the details on this Connecticut small business loan. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender TD BANKNORTH This lender processed this SBA business 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 722110 - Full-Service Restaurants Loan Approval Date 7/29/2005 Loan Approval Gross Amount $224,000 Loan Approval from the SBA Of the total $224,000 loan amount, the SBA guaranteed $112,000. 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 7 employees. The SBA loan application for the borrower indicated that the loan would help retain 7 existing jobs. Next Steps for Getting an SBA Loan 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 $224,000 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. Related Links: Small Business Banks in Mahwah, New Jersey
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