Loan Census Banking News and Information
May 9, 2024  
 
 
  Business Loan Information  
 

Business Loans for Upper Marlboro Business Owners

 

 
Loan Census SBA Loan Info

Family Planning Centers Small Business Loans

Looking for small business loans for family planning centers? Try the SBA. This $120,000 family planning centers loan was issued by a Maryland bank.

This company knew how to go about getting a business bank loan. Based in Upper Marlboro, Maryland, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Prince George's County Finan S, based in Lanham, Maryland.

SBA Loan Borrower

COMPANY TYPE: FAMILY PLANNING CENTERS
UPPER MARLBORO, MD 20774

SBA Loan Lender

PRINCE GEORGE'S COUNTY FINAN S
4640 FORBES BLVD., SUITE 200
LANHAM, MD 20706

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621410 - Family Planning Centers

Loan Approval Date

3/7/2005

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $102,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 6 employees. The loan application did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Attracting Investors

Best Lanham, Maryland Banks for Small Business

Where to Get an SBA Loan Maryland