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December 22, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Portland, Business Loans > Td Banknorth Portland Business Loans > Msc Corporation Loan | ||||
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I Need an SBA 7A Loan to Buy a Franchise in Nashua, New Hampshire
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Nashua, NH Entrepreneur Gets SBA Loan to Buy Servicemaster FranchiseNeed money to invest in a Servicemaster franchise? Td Banknorth has a history of making these loans and they are guaranteed by the SBA. If you live near Nashua, New Hampshire and are interested in buying a Servicemaster franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Td Banknorth. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower MSC CORPORATION SBA Loan Lender TD BANKNORTH 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. NAICS Code 561720 - Janitorial Services Loan Approval Date 4/5/2005 Loan Approval Gross Amount $654,000 Loan Approval from the SBA Of the total $654,000 loan amount, the SBA guaranteed $327,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Servicemaster franchise. At the time of the loan, the company had 77 employees. The SBA loan application for the borrower indicated that the loan would help retain 77 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Find an SBA Lender in Portland, Maine
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