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May 15, 2024 |
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| Home > Small Business Lenders by State > West Virginia Business Loan Sources > Baltimore, Business Loans > Manufacturers & Traders Trust Baltimore Business Loans > Communications Equipment Manufacturing Loan | ||||
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Get SBA Loans from Manufacturers & Traders Trust
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Business Loan from Manufacturers & Traders Trust Given to Communications Equipment Manufacturing CompanyManufacturers & Traders Trust is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one West Virginia entrepreneur who tapped into the power of SBA loans. Getting a small business loan in Berkeley Springs (corporate Na, West Virginia was an essential business goal for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Manufacturers & Traders Trust, operating out of Baltimore, Maryland. Here are the details on this West Virginia small business loan. SBA Loan Borrower COMPANY TYPE: COMMUNICATIONS EQUIPMENT MANUFACTURING SBA Loan Lender MANUFACTURERS & TRADERS TRUST This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 334290 - Communications Equipment Manufacturing Loan Approval Date 12/27/2000 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. More Information on This SBA Loan The borrower borrowed this money for an existing 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 22 employees. The SBA loan documents indicated that the loan would help retain 22 existing jobs. Start the Process for Getting an SBA Loan Today! If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great source of funding. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Manufacturers & Traders Trust that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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:
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