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April 27, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > Baltimore, Business Loans > The Harbor Bank Of Maryland Baltimore Business Loans > Aim Mail Center Loan | ||||
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Glen Burnie, Maryland Bank Loan
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Glen Burnie, MD Entrepreneur Gets SBA Loan to Buy Aim Mail Center FranchiseNeed a loan to buy an Aim Mail Center franchise? The Harbor Bank Of Maryland has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Glen Burnie, Maryland needed money to invest in an Aim Mail Center franchise back in 2005. The Harbor Bank Of Maryland issued an SBA franchise loan. Here are the details on this Maryland small business loan. SBA Loan Borrower AIM MAIL CENTER SBA Loan Lender THE HARBOR BANK OF MARYLAND This was a Low Documentation SBA loan. The SBA created this program to limit the paperwork associated with appliying for an SBA loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561431 - Private Mail Centers Loan Approval Date 9/8/2005 Loan Approval Gross Amount $125,000 Loan Approval from the SBA Of the total $125,000 loan amount, the SBA guaranteed $106,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Aim Mail Center franchise. At the time of the loan, the company had 3 employees. The loan application did not indicate that the small business promised to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in Glen Burnie or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: SBA Banks in Baltimore, Maryland Getting a Business Loan in Maryland
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