How to Get a Loan for Custom Computer Programming Services
With these business loans for custom computer programming services, the SBA guarantees the lender that the loan will be repaid. This custom computer programming services loan for $100,000 was given to a Kentucky entrepreneur in 2000.
Getting a small business loan in Louisville, Kentucky was important for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Pnc Bank, National Association, operating out of Pittsburgh, Pennsylvania. Here are the details on this Kentucky small business loan.
SBA Loan Borrower
COMPANY TYPE: COMPUTER PROGRAMMING SERVICES
LOUISVILLE, KY 40223
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222
This lender processed this SBA business 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.
SIC Code
7371 - Computer Programming Services
NAICS Code
541511 - Custom Computer Programming Services
Loan Approval Date
4/17/2000
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 a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 6 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.
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