Loans for Computer and Software Stores
With these loans for computer and software stores, the SBA guarantees the lender that the loan will be repaid. This computer and software stores loan for $28,000 was given to a Pennsylvania entrepreneur in 2005.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Stewartstown, Pennsylvania was able to borrow $28,000 from Rbs Citizens. The SBA made the loan possible by guaranteeing $14,000 of this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: COMPUTER AND SOFTWARE STORES
STEWARTSTOWN, PA 17363
SBA Loan Lender
RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
This lender processed this debt financing 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
8/23/2005
Loan Approval Gross Amount
$28,000
Loan Approval from the SBA
Of the total $28,000 loan amount, the SBA guaranteed $14,000.
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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.
Getting an SBA Loan For Your Business
If you need business start up money in Stewartstown PA, you ought to talk with a local Stewartstown SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Stewartstown businesses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $28,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
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SBA Rhode Island Banks