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March 28, 2024  
 
 
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Delaware Bank SBA Loans

 

 
Loan Census SBA Loan Info

County Bank SBA Loan to Trucking Company

Looking to get a Delaware SBA loan? Here's one Delaware business loan that was approved by the SBA.

This growing firm needed an SBA business loan in Laurel, Delaware back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from County Bank, operating out of Rehoboth Beach, Delaware. Here are the details on this Delaware small business loan.

SBA Loan Borrower

COMPANY TYPE: TRUCKING
LAUREL, DE 19956

SBA Loan Lender

COUNTY BANK
19927 SHUTTLE RD
REHOBOTH BEACH, DE 19971

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4213 - Trucking

Loan Approval Date

7/20/2000

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $112,500.

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 20 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My 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 are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? 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:

Obtaining Funding - How to Decide How Much to Raise

Who Lends Money to Small Businesses in Rehoboth Beach, Delaware

Delaware SBA Banks