Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Savannah, Georgia Bank Loan

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Computer Systems Design Services

Looking for small business loans for computer systems design services? Talk to a banker who works with the SBA. This $125,000 computer systems design services loan was issued by a Georgia bank.

This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Darby Bank & Trust, out of Savannah, Georgia. The loan was granted and they received $125,000 to help grow their Savannah, Georgia business.

SBA Loan Borrower

COMPANY TYPE: COMPUTER RELATED SERVICES
SAVANNAH, GA 31405

SBA Loan Lender

DARBY BANK & TRUST
300 BULL ST, STE A, 2ND FL
SAVANNAH, GA 31401

This lender issued this particular bank loan 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

7379 - Computer Related Services

NAICS Code

541512 - Computer Systems Design Services

Loan Approval Date

8/20/2001

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $106,250.

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 8 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Darby Bank & Trust and they will explain how you can get an SBA loan for your company.

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:

Business Line of Credit

Good Banks for Small Business in Savannah, Georgia

Getting a Business Loan in Georgia