National City Bank SBA Loan to Computer Integrated Systems Design Company
An SBA loan from National City Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Saint Louis, Missouri business owner got a $100,000 loan.
Getting a small business loan in Saint Louis, Missouri was an essential business goal for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from National City Bank, operating out of Clayton, Missouri. Here are the details on this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: COMPUTER INTEGRATED SYSTEMS DESIGN
SAINT LOUIS, MO 63139
SBA Loan Lender
NATIONAL CITY BANK
7801 FORSYTH BLVD
CLAYTON, MO 63105
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7373 - Computer Integrated Systems Design
NAICS Code
541519 - Computer Related Services
Loan Approval Date
1/31/2001
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 10 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
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:
Financing Your Business
Small Business Banks in Clayton, Missouri
SBA Lenders in Missouri