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May 9, 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 > Auto And Home Supply Stores Loan | ||||
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New York Bank SBA Loans
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Td Banknorth SBA Loan to Auto And Home Supply Stores CompanyWant a New York SBA loan? Here's one New York business loan that was approved by the SBA. This up and coming company knew how to go about getting a business bank loan. Based in Cambridge, New York, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Td Banknorth, based in Glens Falls, New York. SBA Loan Borrower COMPANY TYPE: AUTO AND HOME SUPPLY STORES SBA Loan Lender TD BANKNORTH SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5531 - Auto and Home Supply Stores Loan Approval Date 3/3/2000 Loan Approval Gross Amount $168,000 Loan Approval from the SBA Of the total $168,000 loan amount, the SBA guaranteed $126,000. 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 6 employees. The loan application did not indicate that the business promised to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. This SBA loan was for $168,000. How would you spend $168,000 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: Who Lends Money to Small Businesses in Glens Falls, New York Getting a Business Loan in New York
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