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May 17, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > Annapolis, Business Loans > Anne Arundel Economic Develop. Annapolis Business Loans > Full-Service Restaurants Loan | ||||
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Annapolis Bank Loan
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Annapolis, Maryland Bank Lends Money to Full-Service Restaurants Company in Annapolis, MarylandWant to talk with an Annapolis, Maryland bank about an SBA loan? Here's one Maryland business loan, issued by an Annapolis bank, that was approved by the SBA. Applying for an SBA loan with Anne Arundel Economic Develop. worked out well for our friends at one local company in Annapolis, Maryland. The business was able to get an SBA loan for $48,000. Nice! SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender ANNE ARUNDEL ECONOMIC DEVELOP. The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 2/21/2007 Loan Approval Gross Amount $48,000 Loan Approval from the SBA Of the total $48,000 loan amount, the SBA guaranteed $40,800. 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 7 employees. The loan application did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you want money for new small business in Annapolis MD, you ought to talk with a local Annapolis SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Annapolis businesses. We can help you find the best banks for small businesses in Annapolis 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 Participating Banks in Annapolis, Maryland
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