Financing for Durable Goods Merchant Wholesalers

Looking for commercial loans for durable goods merchant wholesalers? Talk to a banker who works with the SBA. This $250,000 durable goods merchant wholesalers loan was issued by a Maryland bank.

Getting a small business loan in Gaithersburg, Maryland was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Capital Bank, operating out of Rockville, Maryland. Here are the details on this Maryland small business loan.

SBA Loan Borrower

COMPANY TYPE: DURABLE GOODS MERCHANT WHOLESALERS
GAITHERSBURG, MD 20877

SBA Loan Lender

CAPITAL BANK
ONE CHURCH ST, STE 300
ROCKVILLE, MD 20850

This SBA 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

423990 - Durable Goods Merchant Wholesalers

Loan Approval Date

10/11/2007

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 34 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 34 existing jobs.

Getting an SBA Loan For Your Business

If you want money for new small business in Gaithersburg MD, you ought to talk with a local Gaithersburg SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Gaithersburg businesses.

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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