Waldorf, MD Entrepreneur Gets SBA Loan to Buy Geeks On Call Franchise
Need a loan to buy a Geeks On Call franchise? Manufacturers & Traders Trust has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Geeks On Call franchise is doable. In 2004, Manufacturers & Traders Trust issued an SBA franchise loan to an entrepreneur in Waldorf, Maryland. Because Geeks On Call was registered with the SBA's registry of franchises, this Maryland small business loan was issued on an expedited basis.
SBA Loan Borrower
EAGLE COMPUTERS, LLC
WALDORF, MD 20603
SBA Loan Lender
MANUFACTURERS & TRADERS TRUST
305 W CHESAPEAKE AVE
TOWSON, MD 21204
This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
541519 - Computer Related Services
Loan Approval Date
12/20/2004
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Geeks On Call franchise. At the time of the loan, the company
had 3 employees. The SBA loan documents did not indicate that the business planned to use the money to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
If you have been wondering how do i get money to start a business in Waldorf MD, you ought to talk with a local Waldorf SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Waldorf businesses.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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.
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