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December 22, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Columbia, Business Loans > Boone Cnty National Bank - Columbia Columbia Business Loans > Computer Systems Design Services Loan | ||||
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How to Get SBA Loans in Columbia, Missouri
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Borrowing Money for Computer Systems Design ServicesLooking for loans for computer systems design services? Talk to a banker who works with the SBA. This $65,000 computer systems design services loan was issued by a Missouri bank. Getting a small business loan in Columbia, Missouri was important for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Boone Cnty National Bank - Columbia, operating out of Columbia, Missouri. Here are the details on this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: COMPUTER SYSTEMS DESIGN SERVICES SBA Loan Lender BOONE CNTY NATIONAL BANK - COLUMBIA This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541512 - Computer Systems Design Services Loan Approval Date 9/12/2003 Loan Approval Gross Amount $65,000 Loan Approval from the SBA Of the total $65,000 loan amount, the SBA guaranteed $55,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This SBA loan was for $65,000. How would you spend $65,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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:
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