Financing for Computer and Software Stores
Looking for commercial loans for computer and software stores? Try the SBA. This $10,000 computer and software stores loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in La Mesa, California was able to borrow $10,000 from Union Bank Of California. The SBA made the loan possible by guaranteeing $5,000 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: COMPUTER AND SOFTWARE STORES
LA MESA, CA 91941
SBA Loan Lender
UNION BANK OF CALIFORNIA
400 CALIFORNIA ST, 1ST FL
SAN FRANCISCO, CA 94104
This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
443120 - Computer and Software Stores
Loan Approval Date
3/8/2005
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 6 employees. The loan application did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
If you are wondering how to raise money for a business in La Mesa CA, you ought to talk with a local La Mesa SBA lender or talk with an out-of-area SBA lender that has previously loaned money to La Mesa businesses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
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California SBA Bank Lenders