Loans for Custom Computer Programming Services
With these loans for custom computer programming services, the SBA guarantees the lender that the loan will be repaid. This custom computer programming services loan for $297,000 was given to a Texas entrepreneur in 2001.
Getting a small business loan in Amarillo, Texas was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Happy State Bank, operating out of Amarillo, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: COMPUTER PROGRAMMING SERVICES
AMARILLO, TX 79106
SBA Loan Lender
HAPPY STATE BANK
3131 BELL ST, STE 202
AMARILLO, TX 79106
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7371 - Computer Programming Services
NAICS Code
541511 - Custom Computer Programming Services
Loan Approval Date
7/12/2001
Loan Approval Gross Amount
$297,000
Loan Approval from the SBA
Of the total $297,000 loan amount, the SBA guaranteed $222,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 21 employees. This SBA loan request did not indicate that the small business planned to use the money to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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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