Provident Bank Of Maryland Provides SBA Loan to Buy Lady Of America Franchise

Need money to buy a Lady Of America franchise? Provident Bank Of Maryland has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Woodbridge, Virginia needed money to invest in a Lady Of America franchise back in 2002. Provident Bank Of Maryland issued an SBA franchise loan. Here are the details on this Virginia small business loan.

SBA Loan Borrower

LADY OF AMERICA
WOODBRIDGE, VA 22192

SBA Loan Lender

PROVIDENT BANK OF MARYLAND
37 E MAIN ST
WARRENTON, VA 20186

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

12/10/2002

Loan Approval Gross Amount

$202,600

Loan Approval from the SBA

Of the total $202,600 loan amount, the SBA guaranteed $151,950.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Lady Of America franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the borrowed money would help generate 10 new jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Provident Bank Of Maryland are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.

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