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November 14, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Towson, Business Loans > Manufacturers & Traders Trust Towson Business Loans > Computer Related Services Loan | ||||
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Maryland Bank SBA Loans
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Manufacturers & Traders Trust SBA Loan to Computer Related Services CompanyAn SBA loan from Manufacturers & Traders Trust typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Milford, Pennsylvania business owner got a $50,000 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Milford, Pennsylvania was able to borrow $50,000 from Manufacturers & Traders Trust. The SBA made the loan possible by guaranteeing $25,000 of this Pennsylvania small business loan. SBA Loan Borrower COMPANY TYPE: COMPUTER RELATED SERVICES SBA Loan Lender MANUFACTURERS & TRADERS TRUST This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 541519 - Computer Related Services Loan Approval Date 11/1/2006 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. We can help you find the best banks for small businesses in Milford 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: SBA 7A Banks for Towson, Maryland Loans
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