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November 21, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Manhattan Beach, Business Loans > Beach Business Bank Manhattan Beach Business Loans > Custom Computer Programming Services Loan | ||||
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Examples of Marina Del Rey SBA Loans
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Borrowing Money for Custom Computer Programming ServicesWith these bank loans for custom computer programming services, the SBA guarantees the lender that the loan will be repaid. This custom computer programming services loan for $300,000 was given to a California entrepreneur in 2008. This company received financial assistance through the SBA's lending programs back in 2008. They applied for an SBA loan with Beach Business Bank, out of Manhattan Beach, California. The loan was granted and they received $300,000 to help grow their Marina Del Rey, California business. SBA Loan Borrower COMPANY TYPE: CUSTOM COMPUTER PROGRAMMING SERVICES SBA Loan Lender BEACH BUSINESS BANK 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 541511 - Custom Computer Programming Services Loan Approval Date 1/25/2008 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $150,000. 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 30 employees. This SBA loan request indicated that the loan would help retain 30 existing jobs. Getting an SBA Loan For Your Business SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Obtaining Funding - How to Decide How Much to Raise Banks in Manhattan Beach, California
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