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May 20, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > Westminster, Business Loans > Blc Bank Westminster Business Loans > Eating Places Loan | ||||
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Blc Bank Small Business Loans Westminister, Maryland
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Business Loan from Blc Bank Given to Eating Places CompanyAn SBA loan from Blc Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Westminister, Maryland business owner got a $350,000 loan. This growing company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Blc Bank, out of Westminster, Maryland. The loan was granted and they received $350,000 to help grow their Westminister, Maryland business. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender BLC BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722410 - Drinking Places Loan Approval Date 4/20/2004 Loan Approval Gross Amount $350,000 Loan Approval from the SBA Of the total $350,000 loan amount, the SBA guaranteed $262,500. 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 only one employee. This SBA loan request did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. 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: SBA 7A Banks in Westminster, Maryland Getting an SBA Loan in Maryland
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