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April 28, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > Baltimore, Business Loans > Susquehanna Bank Baltimore Business Loans > Computer Related Services Loan | ||||
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I Need an SBA Loan in Columbia, Maryland
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Electronic Parts and Equipment Wholesalers Commercial LoansLooking for commercial loans for electronic parts and equipment wholesalers? Try the SBA. This $60,000 electronic parts and equipment wholesalers loan was issued by a Maryland bank. This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Susquehanna Bank, out of Baltimore, Maryland. The loan was granted and they received $60,000 to help grow their Columbia, Maryland business. SBA Loan Borrower COMPANY TYPE: COMPUTER RELATED SERVICES SBA Loan Lender SUSQUEHANNA BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7379 - Computer Related Services NAICS Code 421690 - Electronic Parts and Equipment Wholesalers Loan Approval Date 1/17/2001 Loan Approval Gross Amount $60,000 Loan Approval from the SBA Of the total $60,000 loan amount, the SBA guaranteed $48,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 12 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Who Lends Money to Small Businesses in Baltimore, Maryland
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