Small Business Loans for Computer and Software Stores
Looking for small business loans for computer and software stores? The SBA may be the answer. This $126,500 computer and software stores loan was issued by an Alabama bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Dallas, Texas was able to borrow $126,500 from Compass Bank. The SBA made the loan possible by guaranteeing $107,525 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: COMPUTER AND SOFTWARE STORES
DALLAS, TX 75204
SBA Loan Lender
COMPASS BANK
15 S 20TH ST
BIRMINGHAM, AL 35233
This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
443120 - Computer and Software Stores
Loan Approval Date
6/28/2001
Loan Approval Gross Amount
$126,500
Loan Approval from the SBA
Of the total $126,500 loan amount, the SBA guaranteed $107,525.
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 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 5 existing jobs.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This SBA loan was for $126,500. How would you spend $126,500 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:
Business Credit Evaluation
SBA Banks in Birmingham, Alabama
Alabama SBA Banks