The Harbor Bank of Maryland

This is a financial institution offering SBA loan programs and business financing solutions. You can find information on loan options, application processes, and support services for small businesses.

It's recommended to schedule an appointment to ensure dedicated assistance, but walk-ins are also welcome during business hours.

The bank operates from 9:00 AM to 5:00 PM, Monday through Friday.

There are no fees to access basic information; fees may apply for specific services or loan processing.

This service is open to small business owners and entrepreneurs in Maryland seeking SBA financing.

Typically, a minimum personal credit score of 650 is preferred, but this can vary based on the loan and applicant circumstances.

The underwriting process usually takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.

Most banks keep weekday business hours and are closed on weekends, and The Harbor Bank of Maryland typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call The Harbor Bank of Maryland to confirm current weekend availability before you go.

The Harbor Bank of Maryland is located in Maryland — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for The Harbor Bank of Maryland, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by The Harbor Bank of Maryland itself, which runs its own lending under its own ownership. If you work at The Harbor Bank of Maryland, you can claim this listing from this page to manage it.

The core details for The Harbor Bank of Maryland — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with The Harbor Bank of Maryland before applying. If you represent The Harbor Bank of Maryland, claim this listing to keep its information up to date.

You can reach The Harbor Bank of Maryland by phone at (410) 528-1801 or online at theharborbank.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with The Harbor Bank of Maryland before relying on them.

Like most SBA lenders, The Harbor Bank of Maryland can finance a broad range of small businesses — common categories include professional services, healthcare practices, restaurants and franchises, retail, light manufacturing, and commercial real estate. Each bank sets its own industry preferences and may avoid sectors it considers higher risk. Ask The Harbor Bank of Maryland directly which industries it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether The Harbor Bank of Maryland participates in SBA Express depends on its specific SBA lending authority. Contact The Harbor Bank of Maryland and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. The Harbor Bank of Maryland can confirm its current PLP standing — ask before you apply if speed matters to you.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. The Harbor Bank of Maryland's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask The Harbor Bank of Maryland directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask The Harbor Bank of Maryland what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask The Harbor Bank of Maryland to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with The Harbor Bank of Maryland to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. The Harbor Bank of Maryland weighs this case by case under its own policy, so be upfront about your history and ask The Harbor Bank of Maryland how it evaluates prior bankruptcies.