Custom Computer Programming Services Small Business Loans
Looking for small business loans for custom computer programming services? Talk to a banker who works with the SBA. This $43,900 custom computer programming services loan was issued by a Rhode Island bank.
Getting a small business loan in Warren, Rhode Island was important for this growing firm back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Bank Of America, operating out of Providence, Rhode Island. Here are the details on this Rhode Island small business loan.
SBA Loan Borrower
COMPANY TYPE: COMPUTER PROGRAMMING SERVICES
WARREN, RI 02885
SBA Loan Lender
BANK OF AMERICA
111 WESTMINSTER ST
PROVIDENCE, RI 02903
This lender processed this commercial loan 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.
SIC Code
7371 - Computer Programming Services
NAICS Code
541511 - Custom Computer Programming Services
Loan Approval Date
6/29/2000
Loan Approval Gross Amount
$43,900
Loan Approval from the SBA
Of the total $43,900 loan amount, the SBA guaranteed $21,950.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 8 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 9 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of America so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Understanding Dilution
Best Providence, Rhode Island Banks for Small Business
Rhode Island SBA Bank Lenders