Borrowing Money for Computer Systems Design Services
Looking for loans for computer systems design services? The SBA may be the answer. This $286,000 computer systems design services loan was issued by an Ohio bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Pittsford, New York was able to borrow $286,000 from Rbs Citizens. The SBA made the loan possible by guaranteeing $214,500 of this New York small business loan.
SBA Loan Borrower
COMPANY TYPE: COMPUTER RELATED SERVICES
PITTSFORD, NY 14534
SBA Loan Lender
RBS CITIZENS
1215 SUPERIOR AVE
CLEVELAND, OH 44114
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7379 - Computer Related Services
NAICS Code
541512 - Computer Systems Design Services
Loan Approval Date
6/12/2002
Loan Approval Gross Amount
$286,000
Loan Approval from the SBA
Of the total $286,000 loan amount, the SBA guaranteed $214,500.
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 30 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you have been wondering how do i get money to start a business in Pittsford NY, you ought to talk with a local Pittsford SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pittsford businesses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Rbs Citizens are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
Determining Proper Capital Structure for a Business
Best Cleveland, Ohio Banks for Small Business
Getting a Business Loan in Ohio