Administrative Management and General Management Consulting Services SBA Loans

Looking for SBA loans for administrative management and general management consulting services? Try the SBA. This $75,000 administrative management and general management consulting services loan was issued by a Maryland bank.

Getting a small business loan in Laurel, Maryland was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Development Credit Fund Inc, operating out of Baltimore, Maryland. Here are the details on this Maryland small business loan.

SBA Loan Borrower

COMPANY TYPE: INSURANCE AGENTS AND BROKERS
LAUREL, MD 20723

SBA Loan Lender

DEVELOPMENT CREDIT FUND INC
2530 N CHARLES ST
BALTIMORE, MD 21218

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

6411 - Insurance Agents and Brokers

NAICS Code

541611 - Administrative Management and General Management Consulting Services

Loan Approval Date

12/20/2000

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $56,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Development Credit Fund Inc had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Development Credit Fund Inc made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Equity Financing

SBA Banks in Baltimore, Maryland

Maryland SBA 7A Banks