Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Banks in Annapolis, Maryland That Make SBA Loans

 

 
Loan Census SBA Loan Info

Annapolis, Maryland Bank Gives SBA Loan to Real Estate Agents And Managers Company

Get small business loans from an Annapolis, Maryland bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Pnc Bank, National Association is a Annapolis, Maryland small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Maryland company.

SBA Loan Borrower

COMPANY TYPE: REAL ESTATE AGENTS AND MANAGERS
ARNOLD, MD 21012

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
5 CHURCH CIR
ANNAPOLIS, MD 21401

This lender issued this SBA business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

6531 - Real Estate Agents and Managers

NAICS Code

531320 - Real Estate Appraisers

Loan Approval Date

12/8/2004

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $60,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new 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:

The Friends and Family Network

SBA Participating Banks in Annapolis, Maryland

SBA Lenders in Maryland