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December 23, 2024  
 
 
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Advice for Small Business Owners On Getting a Loan

 

 
Loan Census SBA Loan Info

Raising Money for Computer Related Services

With these business loans for computer related services, the SBA guarantees the lender that the loan will be repaid. This computer related services loan for $1,471,000 was given to a Florida entrepreneur in 2005.

This business knew how to go about getting a business bank loan. Based in Tampa, Florida, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Wachovia Sba Lending, Inc., based in Roseville, California.

SBA Loan Borrower

COMPANY TYPE: COMPUTER RELATED SERVICES
TAMPA, FL 33605

SBA Loan Lender

WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541519 - Computer Related Services

Loan Approval Date

7/14/2005

Loan Approval Gross Amount

$1,471,000

Loan Approval from the SBA

Of the total $1,471,000 loan amount, the SBA guaranteed $1,103,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 12 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 12 existing jobs.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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:

Role of Business Plan When Raising Money

SBA Participating Banks in Roseville, California

Getting an SBA Loan in California