Loans for Computer and Software Stores
With these loans for computer and software stores, the SBA guarantees the lender that the loan will be repaid. This computer and software stores loan for $18,000 was given to a Pennsylvania entrepreneur in 2005.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Mechanicsburg, Pennsylvania was able to borrow $18,000 from Commerce Bank/harrisburg Natl. The SBA made the loan possible by guaranteeing $15,300 of this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: COMPUTER AND SOFTWARE STORES
Mechanicsburg, PA 17055
SBA Loan Lender
COMMERCE BANK/HARRISBURG NATL
1249 MARKET ST
LEMOYNE, PA 17043
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
443120 - Computer and Software Stores
Loan Approval Date
2/16/2005
Loan Approval Gross Amount
$18,000
Loan Approval from the SBA
Of the total $18,000 loan amount, the SBA guaranteed $15,300.
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 12 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 12 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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