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May 18, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > New Windsor, Business Loans > New Windsor State Bank New Windsor Business Loans > Eating Places Loan | ||||
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Westminster, Maryland Bank for SBA Loans
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Caterers SBA LoansLooking for SBA loans for caterers? Talk to a banker who works with the SBA. This $89,500 caterers loan was issued by a Maryland bank. This business knew how to go about getting a business bank loan. Based in Westminster, Maryland, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was New Windsor State Bank, based in New Windsor, Maryland. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender NEW WINDSOR STATE BANK This SBA 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. SIC Code 5812 - Eating Places NAICS Code 722320 - Caterers Loan Approval Date 6/14/2004 Loan Approval Gross Amount $89,500 Loan Approval from the SBA Of the total $89,500 loan amount, the SBA guaranteed $76,075. 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 85 employees. This SBA loan request did not indicate that the business 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. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like New Windsor State Bank and they will explain how you can get an SBA loan for your company. 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: Family and Friend Investors - Your First Financiers SBA 7A Banks in New Windsor, Maryland
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