Commercial Loans for Computer and Software Stores

Looking for commercial loans for computer and software stores? Talk to a banker who works with the SBA. This $771,500 computer and software stores loan was issued by a Pennsylvania bank.

This business knew how to go about getting a business bank loan. Based in Shavertown, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was National Penn Bank, based in Bethlehem, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: COMPUTER AND SOFTWARE STORES
SHAVERTOWN, PA 18708

SBA Loan Lender

NATIONAL PENN BANK
90 HIGHLAND AVE
BETHLEHEM, PA 18017

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

443120 - Computer and Software Stores

Loan Approval Date

5/31/2007

Loan Approval Gross Amount

$771,500

Loan Approval from the SBA

Of the total $771,500 loan amount, the SBA guaranteed $578,625.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower indicated that the funding would help create 10 new jobs.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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:

Alternative Financing

Banks in Bethlehem, Pennsylvania

Pennsylvania SBA Banks