Computer Systems Design Services Small Business Loans

Looking for small business loans for computer systems design services? Try the SBA. This $603,000 computer systems design services loan was issued by a Georgia bank.

This company knew how to go about getting a business bank loan. Based in Dalton, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Citizens First Bank, based in Rome, Georgia.

SBA Loan Borrower

COMPANY TYPE: COMPUTER SYSTEMS DESIGN SERVICES
DALTON, GA 30721

SBA Loan Lender

CITIZENS FIRST BANK
701 BROAD ST
ROME, GA 30161

This lender issued this SBA small business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541512 - Computer Systems Design Services

Loan Approval Date

9/24/2003

Loan Approval Gross Amount

$603,000

Loan Approval from the SBA

Of the total $603,000 loan amount, the SBA guaranteed $452,250.

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

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Citizens First Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Citizens First Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Bank Credit Lines

Small Business Banks in Rome, Georgia

Georgia SBA 7A Lenders