Custom Computer Programming Services Small Business Loans
Looking for small business loans for custom computer programming services? An SBA loan may be just what you've been looking for. This $300,000 custom computer programming services loan was issued by a West Virginia bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fairmont, West Virginia was able to borrow $300,000 from Wesbanco Bank, Inc.. The SBA made the loan possible by guaranteeing $225,000 of this West Virginia small business loan.
SBA Loan Borrower
COMPANY TYPE: COMPUTER PROGRAMMING SERVICES
FAIRMONT, WV 26554
SBA Loan Lender
WESBANCO BANK, INC.
1 BANK PLZ
WHEELING, WV 26003
When it made this small business loan, the lender participated in the SBA's Certified Lenders Program (CLP). This program was created to offer expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7371 - Computer Programming Services
NAICS Code
541511 - Custom Computer Programming Services
Loan Approval Date
12/19/2000
Loan Approval Gross Amount
$300,000
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $225,000.
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 10 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We can help you find the best banks for small businesses in Fairmont or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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.
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