Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

San Carlos, California Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Loans for Computer and Software Stores

Looking for loans for computer and software stores? The SBA may be the answer. This $20,000 computer and software stores loan was issued by a California bank.

This company knew how to go about getting a business bank loan. Based in San Carlos, California, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Citibank, based in San Francisco, California.

SBA Loan Borrower

COMPANY TYPE: COMPUTER AND SOFTWARE STORES
SAN CARLOS, CA 94070

SBA Loan Lender

CITIBANK
ONE SANSOME ST
SAN FRANCISCO, CA 94104

This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

443120 - Computer and Software Stores

Loan Approval Date

8/17/2004

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 documents indicated that the loan would help retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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