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November 21, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Portland, Business Loans > Td Banknorth Portland Business Loans > Third Quarter Inc Loan | ||||
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Nashua, New Hampshire Bank Loan
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New Hampshire Entrepreneur Secures Financing to Buy Scott's Lawnservice FranchiseNeed a loan to buy a Scott's Lawnservice franchise? Td Banknorth has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Nashua, New Hampshire needed money to invest in a Scott's Lawnservice franchise back in 2003. Td Banknorth issued an SBA franchise loan. Here are the details on this New Hampshire small business loan. SBA Loan Borrower THIRD QUARTER INC SBA Loan Lender TD BANKNORTH This lender processed this loan for a small business 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 561730 - Landscaping Services Loan Approval Date 4/10/2003 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Scott's Lawnservice franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Td Banknorth and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Realistic Debt Financing Options SBA Approved Banks in Portland, Maine
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