PORTLAND, Maine — TD Bank provided New England small businesses with $50.9 million in loans backed by the U.S. Small Business Administration.
TD Bank announced that it was the top SBA bank lender by dollar volume for Region I during the SBA’s 2012 fiscal year ending Sept. 30.
The SBA’s Region I serves New England’s six states. Within Region I, TD Bank was also the top 2012 SBA bank lender by dollar volume in three states: Maine, $6.6 million; New Hampshire, $8.5 million; and Vermont, $8.2 million.
“Cautious optimism and gradual improvement in New England’s economy led to more small businesses thinking about growth and reinvesting in their business in 2012,” said Rich Bradshaw, head of the bank’s SBA programs. “Through our SBA loan programs, we were able to provide financing that allowed them to pursue activities such as ground-up construction, business acquisitions, and real estate and equipment purchases.”MORE IN National / World BusinessKILLINGTON — The Inn of the Six Mountains has been sold to a group of investors, including... Full StoryLUDLOW — It’s a good sign for the local business climate when back-to-back ribbon cuttings are on... Full StoryDanielle Monroe moved to Vermont from New York City on a whim 10 years ago. Full Story
- Most Popular
- Most Emailed
- RICHARD'S POOR ALMANACK: On this day in 1843, British Naval officer GEORGE LORD PAULET obtains provisional cession of Hawaiian Islands; 1866, miners claim Calaveras skull found found in goldmine is remains of 5 million-year-old Pliocene man.
- RICHARD'S POOR ALMANACK: On this day 1739, 'Richard Palmer' identified in prison at York Castle as the notorious outlaw DICK TURPIN; IN 1836, Battle of the Alamo begins near San Antonio de Bexar, Texas; 1896, the Tootsie Roll invented by LEO HIRSCHFELD.
- RICHARD'S POOR ALMANACK: On this day in 1472, Orkney, Shetland islands put up as collateral by Norway to Scotland in lieu of dowry for MARGARET OF DENMARK on her marriage with JAMES III, king of Scotland; 1962, JOHN GLENN first American to orbit Earth.
- TOMORROW'S HEADLINES TODAY: City mayoral candidates debate campaign issues; Hartford, Conn., woman still missing; Neal Goswami reports attempts to legislate suicide; local woman loses 100 pounds through TOPS program.
- RICHARD'S POOR ALMANACK: On this day in 1878, JOHN TUNSTALL murdered near Lincoln, New Mexico, by the outlaw JESSE EVANS; in 1930, ELM FARM OLLIE first cow to fly in aircraft, first to be milked airborne; 1955, nuke test WASP; '79, snow in Sahara.
- TOMORROW'S HEADLINES TODAY: Rutland Herald News Editor Alan J. Keays and staff writer Gordon Dritschilo discuss stories planned for the February 18, 2015, edition of the newspaper: Winter budgets maxed, legal marijuana, Springfield bank job, USPS slowdown