Bethesda, Maryland Lender Lends Money to Full-Service Restaurants Company

Find Bethesda, Maryland banks that specialize in small business loans and know how to work with entrepreneurs. Eaglebank is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Silver Spring, Maryland starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Eaglebank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
SILVER SPRING, MD 20910

SBA Loan Lender

EAGLEBANK
7815 WOODMONT AVE
BETHESDA, MD 20814

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

10/7/2003

Loan Approval Gross Amount

$1,482,540

Loan Approval from the SBA

Of the total $1,482,540 loan amount, the SBA guaranteed $999,000.

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 2 employees. This SBA loan request indicated that the borrowed money would help create 10 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding.

This SBA loan was for $1,482,540. How would you spend $1,482,540 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Accountant's Role in Securing Financing

SBA 7A Banks in Bethesda, Maryland

Browse All Business Loan Sources for Maryland