Loans for Support Activities for Animal Production

With these loans for support activities for animal production, the SBA guarantees the lender that the loan will be repaid. This support activities for animal production loan for $500,000 was given to a Maryland entrepreneur in 2004.

Getting a small business loan in Valley Lee, Maryland was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Community Bank Of Tri-County, operating out of Waldorf, Maryland. Here are the details on this Maryland small business loan.

SBA Loan Borrower

COMPANY TYPE: HORSES AND OTHER EQUINES
VALLEY LEE, MD 20692

SBA Loan Lender

COMMUNITY BANK OF TRI-COUNTY
3035 LEONARDTOWN RD
WALDORF, MD 20601

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0272 - Horses and Other Equines

NAICS Code

115210 - Support Activities for Animal Production

Loan Approval Date

12/6/2004

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

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 7 employees. This SBA loan request did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

We can help you find the best banks for small businesses in Valley Lee or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Investor Turnoffs

SBA 7A Banks for Waldorf, Maryland Loans

SBA Participating Banks in Maryland