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May 19, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > Owings Mills, Business Loans > K Bank Owings Mills Business Loans > Food Preparations Loan | ||||
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Maryland SBA 7A Lenders
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Owings Mills, Maryland Bank Lends Money to Food Preparations Company in Linthicum Heights, MarylandThinking about meeting with an Owings Mills, Maryland bank about an SBA loan? Here's one Maryland business loan, issued by an Owings Mills bank, that was approved by the SBA. Applying for an SBA loan with K Bank worked out well for our friends at one local business in Linthicum Heights, Maryland. They got an SBA loan for $180,000. Way to go! SBA Loan Borrower COMPANY TYPE: FOOD PREPARATIONS SBA Loan Lender K BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2099 - Food Preparations NAICS Code 422990 - Nondurable Goods Wholesalers Loan Approval Date 6/14/2004 Loan Approval Gross Amount $180,000 Loan Approval from the SBA Of the total $180,000 loan amount, the SBA guaranteed $135,000. 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 15 employees. The SBA loan documents did not indicate that the company planned to use the money to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We can help you find the best banks for small businesses in Linthicum Heights 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: Best Owings Mills, Maryland Banks for Small Business
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