Raising Money for Custom Computer Programming Services
Looking for business loans for custom computer programming services? The SBA may be the answer. This $15,000 custom computer programming services loan was issued by a Washington bank.
This small business knew how to go about getting a business bank loan. Based in Olympia, Washington, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Venture Bank, based in Lacey, Washington.
SBA Loan Borrower
COMPANY TYPE: COMPUTER PROGRAMMING SERVICES
OLYMPIA, WA 98501
SBA Loan Lender
VENTURE BANK
721 COLLEGE ST SE
LACEY, WA 98503
This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7371 - Computer Programming Services
NAICS Code
541511 - Custom Computer Programming Services
Loan Approval Date
9/22/2000
Loan Approval Gross Amount
$15,000
Loan Approval from the SBA
Of the total $15,000 loan amount, the SBA guaranteed $12,000.
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 5 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
This company got an SBA loan. You can too! Maybe you want money for start up 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:
Borrowing Money from Friends and Family
SBA 7A Banks for Lacey, Washington Loans
Getting a Business Loan in Washington