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April 19, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Portland, Business Loans > Td Banknorth Portland Business Loans > Coffee And Tea Manufacturing Loan | ||||
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Great Barrington, Massachusetts Bank Loan
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Business Loans for Coffee and Tea ManufacturingLooking for business loans for coffee and tea manufacturing? Try the SBA. This $90,000 coffee and tea manufacturing loan was issued by a Maine bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Great Barrington, Massachusetts was able to borrow $90,000 from Td Banknorth. The SBA made the loan possible by guaranteeing $67,500 of this Massachusetts small business loan. SBA Loan Borrower COMPANY TYPE: COFFEE AND TEA MANUFACTURING SBA Loan Lender TD BANKNORTH This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 311920 - Coffee and Tea Manufacturing Loan Approval Date 1/27/2005 Loan Approval Gross Amount $90,000 Loan Approval from the SBA Of the total $90,000 loan amount, the SBA guaranteed $67,500. 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 6 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 12 existing jobs. Start the Process for Getting an SBA Loan Today! If you are wondering how to raise money for a company in Great Barrington MA, you ought to talk with a local Great Barrington SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Great Barrington businesses. This company got an SBA loan. You can too! Maybe you need seed money for 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. Related Links:
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