Hampstead, MD Entrepreneur Gets SBA Loan to Buy Critter Control Franchise
Need money to buy a Critter Control franchise? K Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Critter Control franchise shouldn't be too tough. In 2007, K Bank issued an SBA franchise loan to an entrepreneur in Hampstead, Maryland. Because Critter Control was registered with the SBA's registry of franchises, this Maryland small business loan was issued on an expedited basis.
SBA Loan Borrower
CRITTER CONTROL
HAMPSTEAD, MD 21074
SBA Loan Lender
K BANK
11407 CRONHILL DR, STE N
OWINGS MILLS, MD 21117
This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561710 - Exterminating and Pest Control Services
Loan Approval Date
3/23/2007
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $42,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Critter Control franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 3 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
We can help you find the best banks for small businesses in Hampstead 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:
Critter Control
Banking Deregulation's Effects on Entrepreneurship
Where to Get an SBA Loan in Owings Mills, Maryland
SBA Participating Banks in Maryland