Borrow Money to Buy a Maid Brigade Franchise
Need a loan to purchase a Maid Brigade franchise? Td Banknorth has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Maid Brigade franchise shouldn't be overly burdensome. In 2005, Td Banknorth issued an SBA franchise loan to an entrepreneur in Plymouth, Massachusetts. Because Maid Brigade was registered with the SBA's registry of franchises, this Massachusetts small business loan was issued on an expedited basis.
SBA Loan Borrower
HARBOR HOME MANAGEMENT INC.
Plymouth, MA 02360
SBA Loan Lender
TD BANKNORTH
1 PORTLAND SQ
PORTLAND, ME 04101
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
2/21/2005
Loan Approval Gross Amount
$113,300
Loan Approval from the SBA
Of the total $113,300 loan amount, the SBA guaranteed $96,305.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Maid Brigade franchise. At the time of the loan, the company
had 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Td Banknorth so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Maid Brigade
Equity Financing
SBA 7A Banks in Portland, Maine
SBA Lenders in Maine