Small Business Loans for Computer Facilities Management Services

Looking for small business loans for computer facilities management services? Try the SBA. This $40,000 computer facilities management services loan was issued by an Oklahoma bank.

Getting a small business loan in Fort Smith, Arkansas was important for this growing firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from First National Bank, Sallisaw, operating out of Roland, Oklahoma. Here are the details on this Arkansas small business loan.

SBA Loan Borrower

COMPANY TYPE: COMPUTER FACILITIES MANAGEMENT SERVICES
FORT SMITH, AR 72903

SBA Loan Lender

FIRST NATIONAL BANK, SALLISAW
100 E RAY FINE BLVD
ROLAND, OK 74954

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541513 - Computer Facilities Management Services

Loan Approval Date

11/25/2002

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $34,000.

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 6 employees. The SBA loan documents did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First National Bank, Sallisaw had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First National Bank, Sallisaw 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:

Obtaining Funding - How to Decide How Much to Raise

Where to Get an SBA Loan in Roland, Oklahoma

Find an SBA Lender in Oklahoma