Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

How Do We Get a Business Loan in Towson, Maryland?

 

 
Loan Census SBA Loan Info

Loans for Architectural Services

Looking for loans for architectural services? Try the SBA. This $80,000 architectural services loan was issued by a Maryland bank.

Getting a small business loan in Towson, Maryland was important for this growing firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Pnc Bank, National Association, operating out of Elkton, Maryland. Here are the details on this Maryland small business loan.

SBA Loan Borrower

COMPANY TYPE: ARCHITECTURAL SERVICES
TOWSON, MD 21204

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
123 NORTH ST
ELKTON, MD 21921

This 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

541310 - Architectural Services

Loan Approval Date

1/31/2002

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $40,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

How Equity Dilution Works

SBA Banks in Elkton, Maryland

SBA Maryland Lenders