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May 17, 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 > Water Transportation Of Passengers Loan | ||||
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SBA Lenders in New York
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Business Loan from Td Banknorth Given to Water Transportation Of Passengers CompanyTd Banknorth has a track record as a leading provider of SBA loans. Find out how this New York entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Albany, New York was able to borrow $206,400 from Td Banknorth. The SBA made the loan possible by guaranteeing $154,800 of this New York small business loan. SBA Loan Borrower COMPANY TYPE: WATER TRANSPORTATION OF PASSENGERS SBA Loan Lender TD BANKNORTH As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4489 - Water Transportation of Passengers Loan Approval Date 4/6/2000 Loan Approval Gross Amount $206,400 Loan Approval from the SBA Of the total $206,400 loan amount, the SBA guaranteed $154,800. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. This SBA loan was for $206,400. How would you spend $206,400 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Realistic Debt Financing Options Good Banks for Small Business in Glens Falls, New York
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