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May 6, 2024  
 
 
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Washington, District of Columbia SBA 7A Banks

 

 
Loan Census SBA Loan Info

Washington, District of Columbia Bank Gives SBA Loan to Pharmacies And Drug Stores Company

Want to talk with a Washington, District of Columbia bank about an SBA loan? Here's one Maryland business loan, issued by a Washington bank, that was approved by the SBA.

Applying for an SBA loan with The Adams National Bank worked out well for our friends at one local business in Silver Spring, Maryland. The business was able to get an SBA loan for $180,000. Nice!

SBA Loan Borrower

COMPANY TYPE: PHARMACIES AND DRUG STORES
SILVER SPRING, MD 20910

SBA Loan Lender

THE ADAMS NATIONAL BANK
1130 CONNECTICUT AVE NW, STE
WASHINGTON, DC 20006

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

446110 - Pharmacies and Drug Stores

Loan Approval Date

1/29/2007

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 a new 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 6 employees. The loan application indicated that the funding would help create 6 new jobs.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Silver Spring MD, you ought to talk with a local Silver Spring SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Silver Spring businesses.

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:

Business Cash Advances

Small Bank Loans in Washington, District of Columbia

SBA Participating Banks in District of Columbia