Financing for Computer and Computer Peripheral Equipment and Software Wholesalers
Looking for commercial loans for computer and computer peripheral equipment and software wholesalers? The SBA may be the answer. This $65,000 computer and computer peripheral equipment and software wholesalers loan was issued by an Iowa bank.
Getting a small business loan in Cresco, Iowa was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from C Us Bank, operating out of Cresco, Iowa. Here are the details on this Iowa small business loan.
SBA Loan Borrower
COMPANY TYPE: COMPUTER RENTAL AND LEASING
CRESCO, IA 52136
SBA Loan Lender
C US BANK
111 N ELM ST
CRESCO, IA 52136
This lender issued this particular SBA 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.
SIC Code
7377 - Computer Rental and Leasing
NAICS Code
421430 - Computer and Computer Peripheral Equipment and Software Wholesalers
Loan Approval Date
10/6/2000
Loan Approval Gross Amount
$65,000
Loan Approval from the SBA
Of the total $65,000 loan amount, the SBA guaranteed $52,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 3 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you want money for new small business in Cresco IA, you ought to talk with a local Cresco SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cresco businesses.
We've showcased information on this loan to let you know that businesses like yours 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.
Related Links:
Alternative Financing
Small Bank Loans in Cresco, Iowa
SBA Lenders in Iowa