Financing for Computer Systems Design Services
With these loans for computer systems design services, the SBA guarantees the lender that the loan will be repaid. This computer systems design services loan for $117,000 was given to a Pennsylvania entrepreneur in 2003.
Getting a small business loan in Turtle Creek, Pennsylvania was important for this growing firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from National City Bank, operating out of Erie, Pennsylvania. Here are the details on this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: COMPUTER INTEGRATED SYSTEMS DESIGN
TURTLE CREEK, PA 15145
SBA Loan Lender
NATIONAL CITY BANK
801 STATE ST
ERIE, PA 16501
This 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.
SIC Code
7373 - Computer Integrated Systems Design
NAICS Code
541512 - Computer Systems Design Services
Loan Approval Date
4/2/2003
Loan Approval Gross Amount
$117,000
Loan Approval from the SBA
Of the total $117,000 loan amount, the SBA guaranteed $87,750.
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 42 employees. The SBA loan documents did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
We can help you find the best banks for small businesses in Turtle Creek or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Angel Investors
SBA Approved Banks in Erie, Pennsylvania
Pennsylvania SBA Bank Lenders