Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

How Do We Get a Business Loan in Elkton, Maryland?

 

 
Loan Census SBA Loan Info

How to Get a Loan for Pet Care Services

Looking for business loans for pet care services? Talk to a banker who works with the SBA. This $38,000 pet care services loan was issued by a Maryland bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Elkton, Maryland was able to borrow $38,000 from Pnc Bank, National Association. The SBA made the loan possible by guaranteeing $32,300 of this Maryland small business loan.

SBA Loan Borrower

COMPANY TYPE: HORSES AND OTHER EQUINES
ELKTON, MD 21921

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
123 NORTH ST
ELKTON, MD 21921

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0272 - Horses and Other Equines

NAICS Code

812910 - Pet Care Services

Loan Approval Date

3/21/2001

Loan Approval Gross Amount

$38,000

Loan Approval from the SBA

Of the total $38,000 loan amount, the SBA guaranteed $32,300.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

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

We can help you find the best banks for small businesses in Elkton or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Small Business Credit Cards

Who Lends Money to Small Businesses in Elkton, Maryland

Maryland SBA 7A Lenders