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May 14, 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 > No Industry Type Specified Loan | ||||
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Maryland Bank SBA Loans
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Anne Arundel Economic Develop. SBA Loan to No Industry Type Specified CompanySearching for a Maryland SBA loan? Here's one Maryland business loan that was approved by the SBA. This up and coming company knew how to go about getting a business bank loan. Based in Odenton, Maryland, they applied for and were given an SBA-guaranteed loan in 2005. The lending bank was Anne Arundel Economic Develop., based in Annapolis, Maryland. SBA Loan Borrower COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED SBA Loan Lender ANNE ARUNDEL ECONOMIC DEVELOP. SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code Loan Approval Date 10/11/2005 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. 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 29 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? 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: Borrowing Money from Friends and Family Who Lends Money to Small Businesses in Annapolis, Maryland Browse All Business Loan Sources for Maryland
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