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December 22, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Portland, Business Loans > Td Banknorth Portland Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
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Valley View SBA Loans
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Valley View, Texas Entrepreneur Gets a Business LoanSearching for a Texas SBA loan? This Texas entrepreneur got an SBA loan, provided by a Maine bank that works with the SBA to help small business owners. Getting a small business loan in Valley View, Texas was a top priority for this particular business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Td Banknorth. Here are the details on this Texas small business loan. SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender TD BANKNORTH 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 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 2/20/2007 Loan Approval Gross Amount $1,952,800 Loan Approval from the SBA Of the total $1,952,800 loan amount, the SBA guaranteed $1,464,600. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Td Banknorth are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
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