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November 15, 2024  
 
 
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Good Sources for Plymouth SBA Loans

 

 
Loan Census SBA Loan Info

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