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May 7, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Mahwah, Business Loans > Td Banknorth Mahwah Business Loans > Photography Studios, Portrait Loan | ||||
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Mahwah, New Jersey SBA Banks
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Mahwah, New Jersey Bank Gives SBA Loan to Photography Studios, Portrait CompanyGet business loans from a Mahwah, New Jersey bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too. Td Banknorth is a Mahwah, New Jersey small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Connecticut company. SBA Loan Borrower COMPANY TYPE: PHOTOGRAPHY STUDIOS, PORTRAIT SBA Loan Lender TD BANKNORTH Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541921 - Photography Studios, Portrait Loan Approval Date 4/11/2003 Loan Approval Gross Amount $102,500 Loan Approval from the SBA Of the total $102,500 loan amount, the SBA guaranteed $87,125. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 2 new jobs. Great, But How Can I Get an SBA Loan for My Business? Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Raising VC Money for Social Networking Companies SBA Participating Banks in Mahwah, New Jersey
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