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December 26, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > Miami, Business Loans > Citibank Miami Business Loans > Computer Maintenance And Repair Loan | ||||
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Advice for Businesses On Getting a Loan
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Raising Money for Computer and Office Machine Repair and MaintenanceLooking for bank loans for computer and office machine repair and maintenance? An SBA loan may be just what you've been looking for. This $100,000 computer and office machine repair and maintenance loan was issued by a Florida bank. This company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Citibank, out of Miami, Florida. The loan was granted and they received $100,000 to help grow their Gaithersburg, Maryland business. SBA Loan Borrower COMPANY TYPE: COMPUTER MAINTENANCE AND REPAIR SBA Loan Lender CITIBANK This business 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. SIC Code 7378 - Computer Maintenance and Repair NAICS Code 811212 - Computer and Office Machine Repair and Maintenance Loan Approval Date 4/26/2000 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. 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 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs. Getting an SBA Loan For Your Business The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $100,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: SBA 7A Lenders in Miami, Florida
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