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April 20, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Meriden, Business Loans > Td Banknorth Meriden Business Loans > Communications Equipment Manufacturing Loan | ||||
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Banks Doing SBA Loans in Connecticut
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Meriden, Connecticut Lender Lends Money to Communications Equipment Manufacturing CompanyThinking about meeting with a Meriden, Connecticut bank about an SBA loan? Here's one Connecticut business loan, issued by a Meriden bank, that was approved by the SBA. Applying for an SBA loan with Td Banknorth worked out well for our friends at one local business in North Haven, Connecticut. They got an SBA loan for $625,000. Great job! SBA Loan Borrower COMPANY TYPE: COMMUNICATIONS EQUIPMENT MANUFACTURING SBA Loan Lender TD BANKNORTH This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 334290 - Communications Equipment Manufacturing Loan Approval Date 9/6/2001 Loan Approval Gross Amount $625,000 Loan Approval from the SBA Of the total $625,000 loan amount, the SBA guaranteed $468,750. 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 16 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? 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: Small Bank Loans in Meriden, Connecticut
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