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December 21, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > Owings Mills, Business Loans > Northwest Savings Bank Owings Mills Business Loans > Stationery And Office Supplies Loan | ||||
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Maryland Bank SBA Loans
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Northwest Savings Bank SBA Loan to Stationery And Office Supplies CompanyLooking to get a Maryland business loan? Here's one Maryland business loan that was approved by the SBA. This local small business knew how to go about getting a business bank loan. Based in Mitchellville, Maryland, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Northwest Savings Bank, based in Owings Mills, Maryland. SBA Loan Borrower COMPANY TYPE: STATIONERY AND OFFICE SUPPLIES SBA Loan Lender NORTHWEST SAVINGS BANK This lender issued this particular debt financing 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 5112 - Stationery and Office Supplies Loan Approval Date 1/10/2000 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $16,000. More Information on This SBA Loan The borrower borrowed this money for a new 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 3 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. 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: Where to Get an SBA Loan in Owings Mills, Maryland Find an SBA Lender in Maryland
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