New Milford (census Name For N, Connecticut Business Gets SBA-Guaranteed Funding from Td Banknorth

Td Banknorth has a track record as a leading provider of SBA loans. Find out how this Connecticut entrepreneur received an SBA loan from them.

This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Td Banknorth, out of Portland, Maine. The loan was granted and they received $1,785,000 to help grow their New Milford (census Name For N, Connecticut business.

SBA Loan Borrower

COMPANY TYPE: SKIING FACILITIES
NEW MILFORD (CENSUS NAME FOR N, CT 06057

SBA Loan Lender

TD BANKNORTH
1 PORTLAND SQ
PORTLAND, ME 04101

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713920 - Skiing Facilities

Loan Approval Date

7/3/2002

Loan Approval Gross Amount

$1,785,000

Loan Approval from the SBA

Of the total $1,785,000 loan amount, the SBA guaranteed $999,600.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 11 employees. This SBA loan request indicated that the loan would help retain 11 existing jobs.

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

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This SBA loan was for $1,785,000. How would you spend $1,785,000 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:

Business Cash Advances

SBA Banks in Portland, Maine

Getting an SBA Loan in Maine