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November 15, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Glens Falls, Business Loans > Td Banknorth Glens Falls Business Loans > Repair Shops And Related Services Loan | ||||
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SBA Lender Warrensburg, New York
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SBA Loan from Td Banknorth Helps Repair Shops And Related Services CompanyTd Banknorth is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one New York entrepreneur who tapped into the power of SBA loans. This business knew how to go about getting a business bank loan. Based in Warrensburg, New York, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Td Banknorth, based in Glens Falls, New York. SBA Loan Borrower COMPANY TYPE: REPAIR SHOPS AND RELATED SERVICES SBA Loan Lender TD BANKNORTH This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7699 - Repair Shops and Related Services NAICS Code 811310 - Commercial and Industrial Machinery and Equipment Loan Approval Date 11/29/2000 Loan Approval Gross Amount $51,754 Loan Approval from the SBA Of the total $51,754 loan amount, the SBA guaranteed $41,403. 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 5 employees. The SBA loan documents did not indicate that the company promised to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: SBA Approved Banks in Glens Falls, New York
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