SBA Loan Lender:
CARROLLTON BANK
344 N CHARLES ST, STE 300
BALTIMORE, MD 21201
410-247-9393
410-242-5001
responsecenter@carrolltonbank.com
This lender would issue a small business loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders
Name:Charles Tucker
Company:Carrollton Bank
E-mail:Contact Charles Tucker (Carrollton Bank)
Website:http://www.charlestucker.com
Office Phone:(410) 530-0137
Cell Phone:(410) 530-0137
Fax:(888) 767-2001
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1 comment:
Good. "Loan lender" is redundant phrasing, you can simply call them "SBA Lenders".
To complete the assignment, what is the current interest rate on SBA loans? Can you calculate the first year's interest expense on borrowing $100,000 for your start up business and put that into your 12 month budget as an interest expense line?
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