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May 15, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Frederick, Business Loans > Branch Bank & Trust Frederick Business Loans > Offices And Clinics Of Dentists Loan | ||||
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Banks Doing SBA Loans in Maryland
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Frederick, Maryland Bank Lends Money to Offices And Clinics Of Dentists Company in Vienna, VirginiaThinking about meeting with a Frederick, Maryland bank about a business loan? Here's one Virginia business loan, issued by a Frederick bank, that was approved by the SBA. Applying for an SBA loan with Branch Bank & Trust worked out well for our friends at one local company in Vienna, Virginia. They got an SBA loan for $427,500. Great job! SBA Loan Borrower COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS SBA Loan Lender BRANCH BANK & TRUST The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA bank loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8021 - Offices and Clinics of Dentists NAICS Code 621210 - Dentists Loan Approval Date 11/2/2000 Loan Approval Gross Amount $427,500 Loan Approval from the SBA Of the total $427,500 loan amount, the SBA guaranteed $320,625. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 12 employees. This SBA loan request did not indicate that the company planned to use the money 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. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Branch Bank & Trust had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Branch Bank & Trust made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: A Company That Helps Entrepreneurs Best Banks for Small Business in Frederick, Maryland Where to Get an SBA Loan Maryland
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