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April 23, 2024  
 
 
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Loan Census SBA Loan Info

Loan to Buy Jackson Hewitt Tax Service Franchise Issued By Td Banknorth

Borrowing money to purchase a Jackson Hewitt Tax Service franchise? Td Banknorth has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Jackson Hewitt Tax Service franchise requires some effort but others before you have been successful. In 2002, Td Banknorth issued an SBA franchise loan to an entrepreneur in Maple Shade, New Jersey. Because Jackson Hewitt Tax Service was registered with the SBA's registry of franchises, this New Jersey small business loan was issued on an expedited basis.

SBA Loan Borrower

JACKSON HEWITT TAX SERVICE
MAPLE SHADE, NJ 08052

SBA Loan Lender

TD BANKNORTH
1000 MACARTHUR BLVD
MAHWAH, NJ 07430

This lender processed this loan for a small business 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

541213 - Tax Preparation Services

Loan Approval Date

8/30/2002

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Jackson Hewitt Tax Service franchise. At the time of the loan, the company had 360 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 362 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Td Banknorth and they will explain how you can get an SBA loan for your company.

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:

Jackson Hewitt Tax Service

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Find an SBA Lender in Mahwah, New Jersey

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