Commercial Loans for Computer Peripheral Equipment Manufacturing

With these commercial loans for computer peripheral equipment manufacturing, the SBA guarantees the lender that the loan will be repaid. This computer peripheral equipment manufacturing loan for $500,000 was given to a Louisiana entrepreneur in 2004.

This small business knew how to go about getting a business bank loan. Based in Monroe, Louisiana, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was North Louisiana Bidco, LLC, based in Monroe, Louisiana.

SBA Loan Borrower

COMPANY TYPE: COMPUTER PERIPHERAL EQUIPMENT MANUFACTURING
MONROE, LA 71201

SBA Loan Lender

NORTH LOUISIANA BIDCO, LLC
301 HUDSON LANE,
MONROE, LA 71201

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

334119 - Computer Peripheral Equipment Manufacturing

Loan Approval Date

12/13/2004

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The SBA loan documents indicated that the funding would help create 2 new jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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:

Small Business Credit Cards

SBA 7A Banks for Monroe, Louisiana Loans

Louisiana SBA Bank Lenders