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May 17, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > Annapolis, Business Loans > Anne Arundel Economic Develop. Annapolis Business Loans > Management Consulting Services Loan | ||||
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Annapolis, Maryland SBA 7A Banks
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Annapolis, Maryland Bank Gives SBA Loan to Management Consulting Services CompanyWant to talk with an Annapolis, Maryland bank about an SBA loan? Here's one Maryland business loan, issued by an Annapolis bank, that was approved by the SBA. Applying for an SBA loan with Anne Arundel Economic Develop. worked out well for our friends at one local company in Laurel, Maryland. The business was able to get an SBA loan for $50,000. Way to go! SBA Loan Borrower COMPANY TYPE: MANAGEMENT CONSULTING SERVICES SBA Loan Lender ANNE ARUNDEL ECONOMIC DEVELOP. This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8742 - Management Consulting Services NAICS Code 541611 - Administrative Management and General Management Consulting Services Loan Approval Date 12/30/2002 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $42,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Raising VC Money for Social Networking Companies
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