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May 5, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Chicago, Business Loans > Park National Bank Chicago Business Loans > Computer Integrated Systems Design Loan | ||||
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Get an SBA 7A Loan in Naperville, Florida
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Park National Bank Gives Small Business Loan to Computer Integrated Systems Design CompanyFloridaBank loans are available to Florida firms through the SBA. In this case, an Illinois bank provides the loan. Getting a small business loan in Naperville, Florida was a top priority for this loan applicant back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Park National Bank. Here are the details on this Florida small business loan. SBA Loan Borrower COMPANY TYPE: COMPUTER INTEGRATED SYSTEMS DESIGN SBA Loan Lender PARK NATIONAL BANK 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 3/23/2000 Loan Approval Gross Amount $30,000 Loan Approval from the SBA Of the total $30,000 loan amount, the SBA guaranteed $24,000. More Information on This SBA Loan The borrower borrowed this money for a new 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 3 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Park National Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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. Related Links: Obtaining Funding - How to Borrow Money Who Lends Money to Small Businesses in Chicago, Illinois
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