Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

Requirements for Business Owners On Getting a Loan

 

 
Loan Census SBA Loan Info

Small Business Loans for Custom Computer Programming Services

Looking for small business loans for custom computer programming services? Try the SBA. This $28,045 custom computer programming services loan was issued by a Massachusetts bank.

Getting a small business loan in Fairhaven, Massachusetts was important for this growing firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Rockland Trust Company, operating out of Rockland, Massachusetts. Here are the details on this Massachusetts small business loan.

SBA Loan Borrower

COMPANY TYPE: CUSTOM COMPUTER PROGRAMMING SERVICES
FAIRHAVEN, MA 02719

SBA Loan Lender

ROCKLAND TRUST COMPANY
288 UNION ST
ROCKLAND, MA 02370

This commercial loan 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

541511 - Custom Computer Programming Services

Loan Approval Date

1/19/2006

Loan Approval Gross Amount

$28,045

Loan Approval from the SBA

Of the total $28,045 loan amount, the SBA guaranteed $14,022.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Rockland Trust Company had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Rockland Trust Company made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

How to Raise Money

Who Lends Money to Small Businesses in Rockland, Massachusetts

SBA Massachusetts Lenders