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November 25, 2024  
 
 
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Loan Census SBA Loan Info

Portland, Maine Lender Lends Money to Outpatient Care Centers Company

Want to talk with a Portland, Maine bank about a business loan? Here's one Vermont 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 business in Fairfax, Vermont. They received an SBA loan for $160,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: OUTPATIENT CARE CENTERS
FAIRFAX, VT 05454

SBA Loan Lender

TD BANKNORTH
1 PORTLAND SQ
PORTLAND, ME 04101

This lender processed this debt financing 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

621498 - Outpatient Care Centers

Loan Approval Date

12/12/2003

Loan Approval Gross Amount

$160,000

Loan Approval from the SBA

Of the total $160,000 loan amount, the SBA guaranteed $80,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

We can help you find the best banks for small businesses in Fairfax or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Dealing With Venture Capitalists

SBA 7A Banks in Portland, Maine

SBA Participating Banks in Maine