Commercial Loans for Computer Facilities Management Services
With these commercial loans for computer facilities management services, the SBA guarantees the lender that the loan will be repaid. This computer facilities management services loan for $250,000 was given to an Alabama entrepreneur in 2007.
This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Redstone Fcu, out of Huntsville, Alabama. The loan was granted and they received $250,000 to help grow their Huntsville, Alabama business.
SBA Loan Borrower
COMPANY TYPE: COMPUTER FACILITIES MANAGEMENT SERVICES
HUNTSVILLE, AL 35805
SBA Loan Lender
REDSTONE FCU
220 WYNN DR
HUNTSVILLE, AL 35893
This SBA 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.
NAICS Code
541513 - Computer Facilities Management Services
Loan Approval Date
7/19/2007
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $125,000.
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 125 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 125 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Redstone Fcu and they will explain how you can get an SBA loan for your company.
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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