Computer Systems Design Services Loans

Looking for loans for computer systems design services? Talk to a banker who works with the SBA. This $124,398 computer systems design services loan was issued by an Indiana bank.

Getting a small business loan in Terre Haute, Indiana was important for this growing firm back in 2000 and, based on their loan application, they were successful in getting an SBA loan from First Finan Bank, operating out of Terre Haute, Indiana. Here are the details on this Indiana small business loan.

SBA Loan Borrower

COMPANY TYPE: COMPUTER INTEGRATED SYSTEMS DESIGN
TERRE HAUTE, IN 47807

SBA Loan Lender

FIRST FINAN BANK
ONE FIRST FINANCIAL PLAZA
TERRE HAUTE, IN 47807

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7373 - Computer Integrated Systems Design

NAICS Code

541512 - Computer Systems Design Services

Loan Approval Date

12/4/2000

Loan Approval Gross Amount

$124,398

Loan Approval from the SBA

Of the total $124,398 loan amount, the SBA guaranteed $93,298.

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 4 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This SBA loan was for $124,398. How would you spend $124,398 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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