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May 16, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > Frederick, Business Loans > Branch Bank & Trust Frederick Business Loans > Ornamental Shrub And Tree Services Loan | ||||
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Branch Bank & Trust
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Branch Bank & Trust SBA Loan to Ornamental Shrub And Tree Services CompanyBranch Bank & Trust has a track record as a leading provider of SBA loans. Find out how this Maryland entrepreneur received an SBA loan from them. This business knew how to go about getting a business bank loan. Based in Rockville, Maryland, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Branch Bank & Trust, based in Frederick, Maryland. SBA Loan Borrower COMPANY TYPE: ORNAMENTAL SHRUB AND TREE SERVICES SBA Loan Lender BRANCH BANK & TRUST 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 0783 - Ornamental Shrub and Tree Services NAICS Code 561730 - Landscaping Services Loan Approval Date 8/7/2000 Loan Approval Gross Amount $144,000 Loan Approval from the SBA Of the total $144,000 loan amount, the SBA guaranteed $108,000. 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 6 employees. This SBA loan request did not indicate that the company planned to use the money to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you are working on finding money to start a business in Rockville MD, you ought to talk with a local Rockville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rockville businesses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA Banks in Frederick, Maryland Find an SBA Lender in Maryland
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