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December 21, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > Baltimore, Business Loans > Carrollton Bank Baltimore Business Loans > Jewelry Stores Loan | ||||
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Carrollton Bank
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Carrollton Bank SBA Loan to Jewelry Stores CompanyAn SBA loan from Carrollton Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Towson, Maryland business owner got a $92,000 loan. Getting a small business loan in Towson, Maryland was an essential business goal for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Carrollton Bank, operating out of Baltimore, Maryland. Here are the details on this Maryland small business loan. SBA Loan Borrower COMPANY TYPE: JEWELRY STORES SBA Loan Lender CARROLLTON BANK This lender issued this particular loan for a small business under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5944 - Jewelry Stores NAICS Code 448310 - Jewelry Stores Loan Approval Date 9/3/2002 Loan Approval Gross Amount $92,000 Loan Approval from the SBA Of the total $92,000 loan amount, the SBA guaranteed $78,200. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 10 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you have been wondering how do i get money to start a business in Towson MD, you ought to talk with a local Towson SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Towson businesses. This company got an SBA loan. You can too! Maybe you need seed money for 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: Best Banks in Baltimore, Maryland
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