Borrowing Money for Computer, Peripheral Equipment and Software Merchant Wholesaler
Looking for bank loans for computer, peripheral equipment and software merchant wholesaler? The SBA may be the answer. This $75,000 computer, peripheral equipment and software merchant wholesaler loan was issued by a South Dakota bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Los Angeles, California was able to borrow $75,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $37,500 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: COMPUTER, PERIPHERAL EQUIPMENT AND SOFTWARE MERCHANT WHOLESALER
LOS ANGELES, CA 90010
SBA Loan Lender
WELLS FARGO BANK
101 N PHILIPS AVE
SIOUX FALLS, SD 57104
This SBA bank 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
423430 - Computer, Peripheral Equipment and Software Merchant Wholesaler
Loan Approval Date
6/27/2007
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $37,500.
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 6 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 12 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
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 Wells Fargo Bank 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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SBA Banks in Sioux Falls, South Dakota
South Dakota SBA Banks