Computer Related Services Small Business Loans

Looking for small business loans for computer related services? An SBA loan may be just what you've been looking for. This $55,400 computer related services loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Chula Vista, California was able to borrow $55,400 from Pacific Western Bank. The SBA made the loan possible by guaranteeing $27,700 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: COMPUTER RELATED SERVICES
CHULA VISTA, CA 91911

SBA Loan Lender

PACIFIC WESTERN BANK
6110 EL TORDO
RANCHO SANTA FE, CA 92067

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

541519 - Computer Related Services

Loan Approval Date

6/4/2004

Loan Approval Gross Amount

$55,400

Loan Approval from the SBA

Of the total $55,400 loan amount, the SBA guaranteed $27,700.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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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