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November 15, 2024 |
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| Home > Small Business Lenders by State > Alabama Business Loan Sources > Huntsville, Business Loans > Redstone Fcu Huntsville Business Loans > Computer Systems Design Services Loan | ||||
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SBA Lender Huntsville, Alabama
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Huntsville, Alabama Business Gets SBA-Guaranteed Funding from Redstone FcuRedstone Fcu has a track record as a leading provider of SBA loans. Find out how this Alabama entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Huntsville, Alabama was able to borrow $270,000 from Redstone Fcu. The SBA made the loan possible by guaranteeing $202,500 of this Alabama small business loan. SBA Loan Borrower COMPANY TYPE: COMPUTER SYSTEMS DESIGN SERVICES SBA Loan Lender REDSTONE FCU The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide debt financing to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541512 - Computer Systems Design Services Loan Approval Date 8/12/2005 Loan Approval Gross Amount $270,000 Loan Approval from the SBA Of the total $270,000 loan amount, the SBA guaranteed $202,500. 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 104 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We can help you find the best banks for small businesses in Huntsville 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. Related Links: Small Business Banks in Huntsville, Alabama
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