Loan Census Banking News and Information
May 6, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Upper Marlboro (marlboro), Maryland

 

 
Loan Census SBA Loan Info

Small Business Loans for Administrative Management and General Management Consulting Services

With these small business loans for administrative management and general management consulting services, the SBA guarantees the lender that the loan will be repaid. This administrative management and general management consulting services loan for $11,000 was given to a Maryland entrepreneur in 2003.

This small firm knew how to go about getting a business bank loan. Based in Upper Marlboro (marlboro), Maryland, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Innovative Bank, based in Oakland, California.

SBA Loan Borrower

COMPANY TYPE: ADMINISTRATIVE MANAGEMENT AND GENERAL MANAGEMENT CONSULTING SERVICES
UPPER MARLBORO (MARLBORO), MD 20772

SBA Loan Lender

INNOVATIVE BANK
360 14TH ST
OAKLAND, CA 94612

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541611 - Administrative Management and General Management Consulting Services

Loan Approval Date

10/31/2003

Loan Approval Gross Amount

$11,000

Loan Approval from the SBA

Of the total $11,000 loan amount, the SBA guaranteed $9,350.

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 3 employees. The SBA loan documents indicated that the loan would help generate 7 new jobs and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Innovative Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Understanding Dilution

Find an SBA Lender in Oakland, California

SBA Lenders in California