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December 21, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > Lanham, Business Loans > Prince George's County Finan S Lanham Business Loans > Services Loan | ||||
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Landover, Maryland Bank for SBA Loans
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Small Business Loans for Information ServicesLooking for small business loans for information services? The SBA may be the answer. This $150,000 information services loan was issued by a Maryland bank. This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Prince George's County Finan S, out of Lanham, Maryland. The loan was granted and they received $150,000 to help grow their Landover, Maryland business. SBA Loan Borrower COMPANY TYPE: SERVICES SBA Loan Lender PRINCE GEORGE'S COUNTY FINAN S This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8999 - Services NAICS Code 514199 - Information Services Loan Approval Date 3/21/2002 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for an existing 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 33 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA 7A Banks for Lanham, Maryland Loans Browse All Business Loan Sources for Maryland
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