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December 22, 2024  
 
 
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Massachusetts Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

North Dartmouth, MA Entrepreneur Gets SBA Loan to Buy Certa Propainters Franchise

Need money to purchase a Certa Propainters franchise? Td Banknorth has a history of making these loans and they are guaranteed by the SBA.

Certa Propainters franchise loans are available to North Dartmouth, Massachusetts entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Td Banknorth, based in Portland, Maine, issued an SBA franchise loan for a Certa Propainters franchise in 2005. We've got all the details on this Massachusetts small business loan.

SBA Loan Borrower

JMCF, INC. DBA CERTAPRO PAINTE
North Dartmouth, MA 02747

SBA Loan Lender

TD BANKNORTH
1 PORTLAND SQ
PORTLAND, ME 04101

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

238320 - Painting and Wall Covering Contractors

Loan Approval Date

4/12/2005

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Certa Propainters franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $150,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

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Good Banks for Small Business in Portland, Maine

SBA Participating Banks in Maine