How to Get a Loan for Convenience Stores

Looking for SBA loans for convenience stores? Talk to a banker who works with the SBA. This $50,800 convenience stores loan was issued by a Maine bank.

This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Td Banknorth, out of Portland, Maine. The loan was granted and they received $50,800 to help grow their Milford, New Hampshire business.

SBA Loan Borrower

COMPANY TYPE: CONVENIENCE STORES
Milford, NH 03103

SBA Loan Lender

TD BANKNORTH
1 PORTLAND SQ
PORTLAND, ME 04101

This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

445120 - Convenience Stores

Loan Approval Date

3/23/2006

Loan Approval Gross Amount

$50,800

Loan Approval from the SBA

Of the total $50,800 loan amount, the SBA guaranteed $25,400.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Advice on Getting a Small Business Loan

Good Banks for Small Business in Portland, Maine

Getting an SBA Loan in Maine