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December 19, 2024  
 
 
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Loan Census SBA Loan Info

Td Banknorth Provides SBA Loan to Buy Meineke Discount Muffler Franchise

Need a loan to buy a Meineke Discount Muffler franchise? Td Banknorth has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Meineke Discount Muffler franchise? If so, here's a 2001 SBA franchise loan that you should know about. Td Banknorth was the lender and the entrepreneur was based in Paramus, New Jersey.

SBA Loan Borrower

MEINEKE MUFFLER
PARAMUS, NJ 07652

SBA Loan Lender

TD BANKNORTH
1000 MACARTHUR BLVD
MAHWAH, NJ 07430

This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811112 - Automotive Exhaust System Repair

Loan Approval Date

9/18/2001

Loan Approval Gross Amount

$235,000

Loan Approval from the SBA

Of the total $235,000 loan amount, the SBA guaranteed $176,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Meineke Discount Muffler franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

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:

Meineke Car Care Centers

Direct Public Offerings

SBA 7A Banks for Mahwah, New Jersey Loans

SBA Lenders in New Jersey