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May 14, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > Rockville, Business Loans > Capital Bank Rockville Business Loans > Facilities Support Services Loan | ||||
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Banks in Rockville, Maryland That Make SBA Loans
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Rockville, Maryland Lender Lends Money to Facilities Support Services CompanyA Rockville, Maryland SBA loan can be yours. Learn how a business got a $89,700 business loan from this Maryland bank. This loan to a local firm is a good example of an SBA loan. Capital Bank made the loan and the SBA guaranteed a portion of the loan. Many other Maryland entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: FACILITIES SUPPORT SERVICES SBA Loan Lender CAPITAL BANK This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 561210 - Facilities Support Services Loan Approval Date 2/27/2007 Loan Approval Gross Amount $89,700 Loan Approval from the SBA Of the total $89,700 loan amount, the SBA guaranteed $44,850. 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 7 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 7 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Capital Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Good Banks for Small Business in Rockville, Maryland
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