Susquehanna Bank Provides SBA Loan to Buy Maids the Franchise

Need a loan to purchase a Maids the franchise? Susquehanna Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Maids the franchise shouldn't be overly burdensome. In 2000, Susquehanna Bank issued an SBA franchise loan to an entrepreneur in Edgewater, Maryland. Because Maids the was registered with the SBA's registry of franchises, this Maryland small business loan was issued on an expedited basis.

SBA Loan Borrower

MAIDS OF SOUTHERN MARYLAND
EDGEWATER, MD 21037

SBA Loan Lender

SUSQUEHANNA BANK
100 WEST RD
TOWSON, MD 21204

This loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending history and a thorough understanding of SBA lending rules and regulations.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7349 - Building Cleaning and Maintenance Services, N.E.C

NAICS Code

561720 - Janitorial Services

Loan Approval Date

3/24/2000

Loan Approval Gross Amount

$240,500

Loan Approval from the SBA

Of the total $240,500 loan amount, the SBA guaranteed $180,375.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Maids the franchise. At the time of the loan, the company had 62 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great way to raise money

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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.

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