Get an SBA Loan for Computer Systems Design Services

Looking for loans for computer systems design services? Talk to a banker who works with the SBA. This $350,000 computer systems design services loan was issued by a Pennsylvania bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Broomall, Pennsylvania was able to borrow $350,000 from Commerce Bank. The SBA made the loan possible by guaranteeing $262,500 of this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: COMPUTER INTEGRATED SYSTEMS DESIGN
BROOMALL, PA 19008

SBA Loan Lender

COMMERCE BANK
200 LANCASTER AVE
DEVON, PA 19333

When this loan was made, this bank was part of the SBA's Certified Lenders Program (CLP). This program aims to ensure quick service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7373 - Computer Integrated Systems Design

NAICS Code

541512 - Computer Systems Design Services

Loan Approval Date

10/20/2000

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $262,500.

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 20 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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