Borrow Money to Buy a Kabloom Franchise

Need a loan to invest in a Kabloom franchise? Td Banknorth has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Kabloom franchise shouldn't be overly burdensome. In 2004, Td Banknorth issued an SBA franchise loan to an entrepreneur in Pittsfield, Massachusetts. Because Kabloom was registered with the SBA's registry of franchises, this Massachusetts small business loan was issued on an expedited basis.

SBA Loan Borrower

LYNN'S FLOWERS, LLC
Pittsfield, MA 01201

SBA Loan Lender

TD BANKNORTH
1 PORTLAND SQ
PORTLAND, ME 04101

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

453110 - Florists

Loan Approval Date

9/14/2004

Loan Approval Gross Amount

$184,400

Loan Approval from the SBA

Of the total $184,400 loan amount, the SBA guaranteed $92,200.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Kabloom franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in Pittsfield or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

KaBloom Florists

Business Line of Credit

Where to Get an SBA Loan in Portland, Maine

Maine SBA 7A Lenders