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November 15, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > Washington, Business Loans > The Adams National Bank Washington Business Loans > Women's Clothing Stores Loan | ||||
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Get an SBA Loan in Bethesda, Maryland
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Bethesda, Maryland Entrepreneur Gets a Business LoanMarylandSBA loans are available to Maryland entrepreneurs through the SBA. In this case, a District of Columbia bank provides the loan. Getting a small business loan in Bethesda, Maryland was a top priority for this particular business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from The Adams National Bank. Here are the details on this Maryland small business loan. SBA Loan Borrower COMPANY TYPE: WOMEN'S CLOTHING STORES SBA Loan Lender THE ADAMS NATIONAL BANK This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5621 - Women's Clothing Stores NAICS Code 448120 - Women's Clothing Stores Loan Approval Date 6/27/2002 Loan Approval Gross Amount $108,000 Loan Approval from the SBA Of the total $108,000 loan amount, the SBA guaranteed $91,800. 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 3 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Obtaining Funding - Getting Venture Capital Find an SBA Lender in Washington, District of Columbia SBA District of Columbia Lenders
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