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May 16, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > Lexington Park, Business Loans > Maryland Bank & Trust Natl Lexington Park Business Loans > Women's Clothing Stores Loan | ||||
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How to Get SBA Loans in Waldorf, Maryland
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Business Loans for Clothing StoresLooking for business loans for clothing stores? An SBA loan may be just what you've been looking for. This $138,000 clothing stores loan was issued by a Maryland bank. This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Maryland Bank & Trust Natl, out of Lexington Park, Maryland. The loan was granted and they received $138,000 to help grow their Waldorf, Maryland business. SBA Loan Borrower COMPANY TYPE: WOMEN'S CLOTHING STORES SBA Loan Lender MARYLAND BANK & TRUST NATL The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA small business 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 5621 - Women's Clothing Stores NAICS Code 448190 - Clothing Stores Loan Approval Date 11/29/2004 Loan Approval Gross Amount $138,000 Loan Approval from the SBA Of the total $138,000 loan amount, the SBA guaranteed $117,300. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 25 employees. The loan application did not indicate that the company promised to use the money to add employees or retain any existing employees. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. We've showcased information on this loan to let you know that businesses like yours 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: A Company That Helps Entrepreneurs Best Banks for Small Business in Lexington Park, Maryland Where to Get an SBA Loan Maryland
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