Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Tyler, Texas Bank for SBA Loans

 

 
Loan Census SBA Loan Info

How to Get a Loan for Custom Computer Programming Services

Looking for business loans for custom computer programming services? Talk to a banker who works with the SBA. This $411,000 custom computer programming services loan was issued by a Texas bank.

This small business knew how to go about getting a business bank loan. Based in Tyler, Texas, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Southwest Bank, based in Fort Worth, Texas.

SBA Loan Borrower

COMPANY TYPE: COMPUTER PROGRAMMING SERVICES
TYLER, TX 75701

SBA Loan Lender

SOUTHWEST BANK
3737 SW LOOP 820
FORT WORTH, TX 76133

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7371 - Computer Programming Services

NAICS Code

541511 - Custom Computer Programming Services

Loan Approval Date

3/31/2000

Loan Approval Gross Amount

$411,000

Loan Approval from the SBA

Of the total $411,000 loan amount, the SBA guaranteed $308,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 11 employees. The loan application indicated that the loan would help retain 11 existing jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

SBIR Funding

Best Banks in Fort Worth, Texas

Browse All Business Loan Sources for Texas