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November 21, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Portland, Business Loans > Td Banknorth Portland Business Loans > Gift, Novelty, And Souvenir Stores Loan | ||||
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Windham, Connecticut Bank Loan
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Connecticut Small Business Loan Issued to Gift, Novelty, And Souvenir Stores CompanyConnecticutSmall business loans are available to Connecticut small business owners through the SBA. In this case, a Maine bank provides the loan. By giving the right information to Td Banknorth, this Windham, Connecticut business was able to get an SBA loan. To get this loan, the loan applicant gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: GIFT, NOVELTY, AND SOUVENIR STORES SBA Loan Lender TD BANKNORTH This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 453220 - Gift, Novelty, and Souvenir Stores Loan Approval Date 5/4/2007 Loan Approval Gross Amount $177,700 Loan Approval from the SBA Of the total $177,700 loan amount, the SBA guaranteed $88,850. 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 7 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. 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: Best Portland, Maine Banks for Small Business
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