Business Loans for Custom Computer Programming Services

Looking for business loans for custom computer programming services? Talk to a banker who works with the SBA. This $600,000 custom computer programming services loan was issued by a Colorado bank.

This small business knew how to go about getting a business bank loan. Based in Ft Collins, Colorado, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Advantage Bank, based in Loveland, Colorado.

SBA Loan Borrower

COMPANY TYPE: CUSTOM COMPUTER PROGRAMMING SERVICES
FT COLLINS, CO 80528

SBA Loan Lender

ADVANTAGE BANK
1475 N DENVER AVE
LOVELAND, CO 80538

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541511 - Custom Computer Programming Services

Loan Approval Date

9/17/2001

Loan Approval Gross Amount

$600,000

Loan Approval from the SBA

Of the total $600,000 loan amount, the SBA guaranteed $450,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 90 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in Ft Collins CO, you ought to talk with a local Ft Collins SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ft Collins businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Advantage Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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 Line of Credit

Small Bank Loans in Loveland, Colorado

Colorado SBA Banks