Get an SBA Loan for Aircraft Parts and Auxiliary Equipment Manufacturing

With these loans for aircraft parts and auxiliary equipment manufacturing, the SBA guarantees the lender that the loan will be repaid. This aircraft parts and auxiliary equipment manufacturing loan for $20,000 was given to a Maryland entrepreneur in 2000.

This company knew how to go about getting a business bank loan. Based in Elkridge (elk Ridge), Maryland, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Branch Bank & Trust, based in Frederick, Maryland.

SBA Loan Borrower

COMPANY TYPE: AIRCRAFT PARTS AND AUXILIARY EQUIPMENT MANUFACTURING
ELKRIDGE (ELK RIDGE), MD 21075

SBA Loan Lender

BRANCH BANK & TRUST
7200 BANK COURT CRESTWOOD
FREDERICK, MD 21703

This lender processed this small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

336413 - Aircraft Parts and Auxiliary Equipment Manufacturing

Loan Approval Date

11/9/2000

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

This SBA loan was for $20,000. How would you spend $20,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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