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May 11, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Holding Companies Loan | ||||
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Small Business Banks in Maryland
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Holding Companies LoansWith these loans for holding companies, the SBA guarantees the lender that the loan will be repaid. This holding companies loan for $25,000 was given to a Maryland entrepreneur in 2003. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Berlin, Maryland was able to borrow $25,000 from Capital One. The SBA made the loan possible by guaranteeing $12,500 of this Maryland small business loan. SBA Loan Borrower COMPANY TYPE: HOLDING COMPANIES SBA Loan Lender CAPITAL ONE This debt financing 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 551112 - Holding Companies Loan Approval Date 12/3/2003 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 7 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 7 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We can help you find the best banks for small businesses in Berlin 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: Realistic Debt Financing Options Find an SBA Lender in Mclean, Virginia Getting an SBA Loan in Virginia
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