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April 26, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Glastonbury, Business Loans > Td Banknorth Glastonbury Business Loans > Dvg Enterprises Loan | ||||
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Requirements for Getting a Franchise Loan
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Connecticut Entrepreneur Secures Financing to Buy Rhino Linings FranchiseBorrowing money to buy a Rhino Linings franchise? Td Banknorth has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in East Hartford, Connecticut needed money to invest in a Rhino Linings franchise back in 2001. Td Banknorth issued an SBA franchise loan. Here are the details on this Connecticut small business loan. SBA Loan Borrower DVG ENTERPRISES SBA Loan Lender TD BANKNORTH The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7549 - Automotive Services NAICS Code 811122 - Automotive Glass Replacement Shops Loan Approval Date 2/16/2001 Loan Approval Gross Amount $121,252 Loan Approval from the SBA Of the total $121,252 loan amount, the SBA guaranteed $103,064. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Rhino Linings franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you need business start up money in East Hartford CT, you ought to talk with a local East Hartford SBA lender or talk with an out-of-area SBA lender that has previously loaned money to East Hartford businesses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $121,252 loan. Remember, if it to be, it is up to me! 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: Obtaining Funding From a Venture Capitalist SBA 7A Lenders in Glastonbury, Connecticut
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