Maryland SBA Loan Issued to Certified Public Accountants Company
MarylandBusiness loans are available to Maryland business owners through the SBA. In this case, a Maryland bank provides the loan.
Getting a small business loan in Brookeville, Maryland was a top priority for this SBA-financed company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Manufacturers & Traders Trust. Here are the details on this Maryland small business loan.
SBA Loan Borrower
COMPANY TYPE: CERTIFIED PUBLIC ACCOUNTANTS
BROOKEVILLE, MD 20833
SBA Loan Lender
MANUFACTURERS & TRADERS TRUST
25 S CHARLES ST
BALTIMORE, MD 21201
This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
541211 - Certified Public Accountants
Loan Approval Date
1/5/2001
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $37,500.
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 5 employees. The SBA loan application for the borrower indicated that the borrowed money would help create 2 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Getting a Small Business Loan
SBA Participating Banks in Baltimore, Maryland
Maryland SBA 7A Lenders