Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

I Need an SBA 7A Loan in Eureka, California

 

 
Loan Census SBA Loan Info

Bank Loans for Computer Systems Design Services

Looking for bank loans for computer systems design services? Try the SBA. This $50,000 computer systems design services loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Eureka, California was able to borrow $50,000 from Umpqua Bank. The SBA made the loan possible by guaranteeing $25,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: COMPUTER SYSTEMS DESIGN SERVICES
EUREKA, CA 95501

SBA Loan Lender

UMPQUA BANK
1050 PLEASANT GROVE, STE 110
ROSEVILLE, CA 95678

This loan for a small business was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

541512 - Computer Systems Design Services

Loan Approval Date

5/7/2001

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 13 employees. This SBA loan request indicated that the loan would help retain 13 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

504 Loans

SBA Banks in Roseville, California

Getting a Business Loan in California