Loan to Buy Moe's Sw Grill Franchise Issued By Provident Bank Of Maryland

Need a loan to invest in a Moe's Sw Grill franchise? Provident Bank Of Maryland has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Moe's Sw Grill franchise? If so, here's a 2004 SBA franchise loan that you should know about. Provident Bank Of Maryland was the lender and the entrepreneur was based in Stafford, Virginia.

SBA Loan Borrower

MOE'S SOUTHWEST GRILL
STAFFORD, VA 22406

SBA Loan Lender

PROVIDENT BANK OF MARYLAND
114 E LEXINGTON ST
BALTIMORE, MD 21202

This lender provides SBA guaranteed business loans 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

722211 - Limited-Service Restaurants

Loan Approval Date

5/11/2004

Loan Approval Gross Amount

$260,300

Loan Approval from the SBA

Of the total $260,300 loan amount, the SBA guaranteed $195,225.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Moe's Sw Grill franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 10 new jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

This SBA loan was for $260,300. How would you spend $260,300 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:

Moe's Southwest Grill

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SBA Banks in Baltimore, Maryland

Getting an SBA Loan in Maryland