Portland, Maine Lender Lends Money to Commercial Gravure Printing Company
Get small business loans from a Portland, Maine bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Td Banknorth is a Portland, Maine small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Massachusetts company.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL GRAVURE PRINTING
ORANGE, MA 01364
SBA Loan Lender
TD BANKNORTH
1 PORTLAND SQ
PORTLAND, ME 04101
This SBA 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
323111 - Commercial Gravure Printing
Loan Approval Date
6/4/2004
Loan Approval Gross Amount
$40,000
Loan Approval from the SBA
Of the total $40,000 loan amount, the SBA guaranteed $20,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 5 employees. The loan application did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
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 $40,000 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:
How Equity Dilution Works
Where to Get an SBA Loan in Portland, Maine
SBA Maine Banks