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November 15, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Mahwah, Business Loans > Td Banknorth Mahwah Business Loans > Drinking Places Loan | ||||
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Mahwah, New Jersey SBA 7A Banks
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Mahwah, New Jersey Bank Gives SBA Loan to Drinking Places CompanyThinking about meeting with a Mahwah, New Jersey bank about a business loan? Here's one Connecticut business loan, issued by a Mahwah bank, that was approved by the SBA. Applying for an SBA loan with Td Banknorth worked out well for our friends at one local company in South Norwalk, Connecticut. They got an SBA loan for $420,000. Sweet! SBA Loan Borrower COMPANY TYPE: DRINKING PLACES SBA Loan Lender TD BANKNORTH This lender provides SBA 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 722410 - Drinking Places Loan Approval Date 10/7/2002 Loan Approval Gross Amount $420,000 Loan Approval from the SBA Of the total $420,000 loan amount, the SBA guaranteed $315,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 25 employees. The SBA loan documents indicated that the loan would help retain 25 existing jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $420,000 loan. Remember, anyone can do it... so why not 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: Small Business Banks in Mahwah, New Jersey
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