Small Business Administration
The Small Business Administration (SBA) is an independent agency of the federal government. The SBA was created by Congress in 1953 to help America's entrepreneurs build successful small enterprises. Today, SBA program offices in every state offer financing, training and advocacy for small businesses. In addition, the SBA works with thousands of lending, educational and training institutions nationwide.
SBA loans, which are guaranteed by the SBA, help banks lend to small businesses that might not otherwise qualify for a loan. TD Banknorth, a SBA Preferred Lender, works in partnership with small business clients and supports them with loan decisions that are made locally.
The SBA made the following rankings based on the number of SBA-backed loans made by TD Banknorth for the year ending September 30, 2006:
TD Banknorth SBA Loans Made - Ranking by Region
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Region
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7(a) Ranking
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504 Ranking
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Maine
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#1
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#3
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#2
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#1
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#3
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#4
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#5
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#1
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#15 (tied)
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Rhode Island
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#15 (tied)
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#19 |
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#22
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#28 (tied) |
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TD Banknorth was also named the #3 lender in New England, having made a total of 388 7(a) SBA loans for more than $49 million to small businesses throughout the region.
TD Banknorth actively utilizes the SBA e-Tran program, allowing instantaneous assignment of SBA numbers.
Learn more about the Small Business Administration*
Contact Us
Call us with your Small Business needs or visit your local branch.
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