Computer Systems Design Services SBA Loans

With these SBA loans for computer systems design services, the SBA guarantees the lender that the loan will be repaid. This computer systems design services loan for $947,000 was given to a Georgia entrepreneur in 2001.

This business knew how to go about getting a business bank loan. Based in Suwanee, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Business Devel Corp - Georgia I, based in Atlanta, Georgia.

SBA Loan Borrower

COMPANY TYPE: COMPUTER SYSTEMS DESIGN SERVICES
SUWANEE, GA 30024

SBA Loan Lender

BUSINESS DEVEL CORP - GEORGIA I
1450 S JOHNSON FERRY ROAD, SU
ATLANTA, GA 30319

This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541512 - Computer Systems Design Services

Loan Approval Date

3/26/2001

Loan Approval Gross Amount

$947,000

Loan Approval from the SBA

Of the total $947,000 loan amount, the SBA guaranteed $710,250.

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 30 employees. The SBA loan application for the borrower indicated that the loan would help retain 30 existing jobs.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Business Devel Corp - Georgia I had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Business Devel Corp - Georgia I made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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