Borrowing Money for Computer Systems Design Services

Looking for small business loans for computer systems design services? The SBA may be the answer. This $240,000 computer systems design services loan was issued by an Iowa bank.

This company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Clarke County State Bank, out of Osceola, Iowa. The loan was granted and they received $240,000 to help grow their West Des Moines, Iowa business.

SBA Loan Borrower

COMPANY TYPE: COMPUTER RELATED SERVICES
WEST DES MOINES, IA 50266

SBA Loan Lender

CLARKE COUNTY STATE BANK
139 S MAIN ST
OSCEOLA, IA 50213

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7379 - Computer Related Services

NAICS Code

541512 - Computer Systems Design Services

Loan Approval Date

3/5/2004

Loan Approval Gross Amount

$240,000

Loan Approval from the SBA

Of the total $240,000 loan amount, the SBA guaranteed $180,000.

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 50 employees. The loan application did not indicate that the small business promised to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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