Maryland Small Business Loan Issued to Convenience Stores Company
Searching for a Maryland SBA loan? This Maryland entrepreneur got an SBA loan, provided by a California bank that works with the SBA to help small business owners.
Getting a small business loan in Pasadena, Maryland was a top priority for this particular business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Wachovia Sba Lending, Inc.. Here are the details on this Maryland small business loan.
SBA Loan Borrower
COMPANY TYPE: CONVENIENCE STORES
PASADENA, MD 21122
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
This SBA small business 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.
NAICS Code
445120 - Convenience Stores
Loan Approval Date
4/20/2006
Loan Approval Gross Amount
$535,400
Loan Approval from the SBA
Of the total $535,400 loan amount, the SBA guaranteed $401,550.
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 only one employee. This SBA loan request did not indicate that the company promised to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Role of Business Plan When Raising Money
Who Lends Money to Small Businesses in Roseville, California
Find an SBA Lender in California