Td Banknorth Provides SBA Loan to Buy Manhattan Bagel Co. Franchise

Need money to buy a Manhattan Bagel Co. franchise? Td Banknorth has a history of making these loans and they are guaranteed by the SBA.

Manhattan Bagel Co. franchise loans are available to North Wales, Pennsylvania entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Td Banknorth, based in Mahwah, New Jersey, issued an SBA franchise loan for a Manhattan Bagel Co. franchise in 2000. We've got all the details on this Pennsylvania small business loan.

SBA Loan Borrower

MANHATTAN BAGEL
NORTH WALES, PA 19454

SBA Loan Lender

TD BANKNORTH
1000 MACARTHUR BLVD
MAHWAH, NJ 07430

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

5/18/2000

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $105,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Manhattan Bagel Co. franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 7 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? 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:

Manhattan Bagel Company, Inc.

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Good Banks for Small Business in Mahwah, New Jersey

Getting an SBA Loan in New Jersey