Loan Census Banking News and Information
December 25, 2024  
 
 
  Business Loan Information  
 

Towson, Maryland Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Greenleaf's Grille Treat Street Franchise

Borrowing money to buy a Greenleaf's Grille Treat Street franchise? Business Lenders, LLC has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Towson, Maryland needed money to invest in a Greenleaf's Grille Treat Street franchise back in 2000. Business Lenders, LLC issued an SBA franchise loan. Here are the details on this Maryland small business loan.

SBA Loan Borrower

GREENLEAF'S GRILLE AND TREAT S
TOWSON, MD 21204

SBA Loan Lender

BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

10/11/2000

Loan Approval Gross Amount

$397,500

Loan Approval from the SBA

Of the total $397,500 loan amount, the SBA guaranteed $298,125.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Greenleaf's Grille Treat Street franchise. At the time of the loan, the company had 20 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 12 existing jobs.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Business Lenders, LLC had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Business Lenders, LLC made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Find Start-Up Capital

Small Bank Loans in Hartford, Connecticut

SBA Lenders in Connecticut