Business Loan from Td Banknorth Given to Bottled Water Manufacturing Company
Td Banknorth and the SBA work together to get business loans for growing small businesses. Here's an example of how a Connecticut entrepreneur was able to get a loan to take a small business to the next level.
This small firm knew how to go about getting a business bank loan. Based in West Haven, Connecticut, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Td Banknorth, based in Mahwah, New Jersey.
SBA Loan Borrower
COMPANY TYPE: BOTTLED WATER MANUFACTURING
West Haven, CT 06516
SBA Loan Lender
TD BANKNORTH
1000 MACARTHUR BLVD
MAHWAH, NJ 07430
This lender provides SBA bank 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
312112 - Bottled Water Manufacturing
Loan Approval Date
5/6/2005
Loan Approval Gross Amount
$186,000
Loan Approval from the SBA
Of the total $186,000 loan amount, the SBA guaranteed $139,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 6 existing jobs.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.
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