Loans for Investment Advice

With these loans for investment advice, the SBA guarantees the lender that the loan will be repaid. This investment advice loan for $75,000 was given to a Maryland entrepreneur in 2001.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bethesda, Maryland was able to borrow $75,000 from Eaglebank. The SBA made the loan possible by guaranteeing $63,750 of this Maryland small business loan.

SBA Loan Borrower

COMPANY TYPE: INVESTMENT ADVICE
BETHESDA, MD 20817

SBA Loan Lender

EAGLEBANK
7815 WOODMONT AVE
BETHESDA, MD 20814

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

6282 - Investment Advice

NAICS Code

523930 - Investment Advice

Loan Approval Date

11/30/2001

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

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 only one employee. This SBA loan request did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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.

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