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May 17, 2024 |
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| Home > Small Business Lenders by State > Maine Business Loan Sources > Portland, Business Loans > Td Banknorth Portland Business Loans > Child Day Care Services Loan | ||||
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Portland, Maine Bank Loan
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Maine SBA Loan Issued to Child Day Care Services CompanyWould a Maine SBA loan help your business get to the next level? If so, you may want to talk with this Maine bank, which offers SBA loans to Maine entrepreneurs. You can learn something about getting a small business loan in Portland, Maine by studying this loan to a local business, made back in 2002. Banks like Td Banknorth may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: CHILD DAY CARE SERVICES SBA Loan Lender TD BANKNORTH This lender provides SBA small 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 624410 - Child Day Care Services Loan Approval Date 6/28/2002 Loan Approval Gross Amount $96,000 Loan Approval from the SBA Of the total $96,000 loan amount, the SBA guaranteed $81,600. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 15 employees. This SBA loan request indicated that the loan would help retain 15 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Td Banknorth and they will explain how you can get an SBA loan for your company. 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 Portland, Maine
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