Get an SBA Loan for Software Publishers

Looking for loans for software publishers? An SBA loan may be just what you've been looking for. This $200,000 software publishers loan was issued by a Mississippi bank.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Community Bank Meridian Missis, out of Meridian, Mississippi. The loan was granted and they received $200,000 to help grow their Meridian, Mississippi business.

SBA Loan Borrower

COMPANY TYPE: SOFTWARE PUBLISHERS
MERIDIAN, MS 39305

SBA Loan Lender

COMMUNITY BANK MERIDIAN MISSIS
301 22ND AVE SOUTH
MERIDIAN, MS 39301

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

511210 - Software Publishers

Loan Approval Date

4/5/2007

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

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 65 employees. The loan application indicated that the loan would help retain 65 existing jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Community Bank Meridian Missis that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

SBIR Funding

SBA 7A Banks in Meridian, Mississippi

Getting an SBA Loan in Mississippi