Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

We Needed a Business Loan in Asheville, North Carolina and We Got One!

 

 
Loan Census SBA Loan Info

SBA Loans for Computer Systems Design Services

Looking for SBA loans for computer systems design services? Talk to a banker who works with the SBA. This $100,000 computer systems design services loan was issued by a North Carolina bank.

Getting a small business loan in Asheville, North Carolina was important for this business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from First-Citizens Bank & Trust, operating out of Raleigh, North Carolina. Here are the details on this North Carolina small business loan.

SBA Loan Borrower

COMPANY TYPE: COMPUTER SYSTEMS DESIGN SERVICES
ASHEVILLE, NC 28803

SBA Loan Lender

FIRST-CITIZENS BANK & TRUST
100 E TRYON RD
RALEIGH, NC 27603

This business loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending track record and a thorough understanding of SBA loan requirements.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541512 - Computer Systems Design Services

Loan Approval Date

6/18/2003

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

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 5 employees. The SBA loan documents did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in Asheville NC, you ought to talk with a local Asheville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Asheville businesses.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? 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.

Related Links:

Advice on Getting a Small Business Loan

Best Banks for Small Business in Raleigh, North Carolina

SBA North Carolina Banks