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November 15, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > Bethesda, Business Loans > Eagle Bancorp, Inc Bethesda Business Loans > Mortgage Bankers And Loan Correspondents Loan | ||||
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SBA Lender Bethesda
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Entrepreneur Works With Bethesda, Maryland Bank to Get an SBA LoanA Bethesda, Maryland SBA loan can be yours. Learn how a business got a $127,125 business loan from this Maryland bank. This loan to a local firm is a good example of an SBA loan. Eagle Bancorp, Inc made the loan and the SBA guaranteed a portion of the loan. Many other Maryland entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: MORTGAGE BANKERS AND LOAN CORRESPONDENTS SBA Loan Lender EAGLE BANCORP, INC This lender issued this particular business 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 6162 - Mortgage Bankers and Loan Correspondents NAICS Code 522292 - Real Estate Credit Loan Approval Date 11/30/2001 Loan Approval Gross Amount $127,125 Loan Approval from the SBA Of the total $127,125 loan amount, the SBA guaranteed $108,056. 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 4 employees. The SBA loan documents did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. We can help you find the best banks for small businesses in Gaithersburg 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: Who Lends Money to Small Businesses in Bethesda, Maryland Where to Get an SBA Loan Maryland
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