Business Loans for Computer Related Services

Looking for business loans for computer related services? An SBA loan may be just what you've been looking for. This $256,500 computer related services loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lake Elsinore (elsinore), California was able to borrow $256,500 from Pacific Western Bank. The SBA made the loan possible by guaranteeing $192,375 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: COMPUTER RELATED SERVICES
LAKE ELSINORE (ELSINORE), CA 92530

SBA Loan Lender

PACIFIC WESTERN BANK
900 CANTERBURY PL
ESCONDIDO, CA 92025

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541519 - Computer Related Services

Loan Approval Date

6/8/2001

Loan Approval Gross Amount

$256,500

Loan Approval from the SBA

Of the total $256,500 loan amount, the SBA guaranteed $192,375.

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. The loan application indicated that the loan would help generate 5 new jobs and retain 8 existing jobs.

Getting an SBA Loan For Your Business

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great way to raise money

This SBA loan was for $256,500. How would you spend $256,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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