Where to Get Capital for Computer and Computer Peripheral Equipment and Software Wholesalers
Looking for SBA loans for computer and computer peripheral equipment and software wholesalers? Talk to a banker who works with the SBA. This $250,000 computer and computer peripheral equipment and software wholesalers loan was issued by a California bank.
This business knew how to go about getting a business bank loan. Based in Chatsworth, California, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was East West Bank, based in Tarzana, California.
SBA Loan Borrower
COMPANY TYPE: COMPUTER AND COMPUTER PERIPHERAL EQUIPMENT AND SOFTWARE WHOLESALERS
CHATSWORTH, CA 91311
SBA Loan Lender
EAST WEST BANK
18321 VENTURA BLVD
TARZANA, CA 91356
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
421430 - Computer and Computer Peripheral Equipment and Software Wholesalers
Loan Approval Date
11/1/2001
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. The SBA loan documents did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like East West Bank and they will explain how you can get an SBA loan for your company.
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:
Determining Proper Capital Structure for a Business
Find an SBA Lender in Tarzana, California
Getting a Business Loan in California