Td Banknorth Gives Small Business Loan to Veterinary Services For Animal Specialties Company

Business loans in Connecticut are are few and far betweeen these days. We take a look at one Connecticut business loan, provided by a Connecticut bank, that was approved by the SBA.

You can learn something about getting a small business loan in Stratford, Connecticut by studying this loan to a local business, made back in 2001. 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: VETERINARY SERVICES FOR ANIMAL SPECIALTIES
STRATFORD, CT 06497

SBA Loan Lender

TD BANKNORTH
30 E MAIN ST
MERIDEN, CT 06450

This loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending background and a thorough understanding of SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0742 - Veterinary Services for Animal Specialties

NAICS Code

541940 - Veterinary Services

Loan Approval Date

1/19/2001

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

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 only one employee. The loan application did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $100,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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 - How to Borrow Money

SBA Banks in Meriden, Connecticut

Connecticut SBA 7A Lenders