Loan Census Banking News and Information
May 19, 2024  
 
 
  Business Loan Information  
 

I Need a Business Loan in Medford, Oregon

 

 
Loan Census SBA Loan Info

How to Get a Loan for Custom Computer Programming Services

With these commercial loans for custom computer programming services, the SBA guarantees the lender that the loan will be repaid. This custom computer programming services loan for $204,000 was given to an Oregon entrepreneur in 2000.

This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with People's Bank Of Commerce, out of Medford, Oregon. The loan was granted and they received $204,000 to help grow their Medford, Oregon business.

SBA Loan Borrower

COMPANY TYPE: COMPUTER PROGRAMMING SERVICES
MEDFORD, OR 97501

SBA Loan Lender

PEOPLE'S BANK OF COMMERCE
750 BIDDLE RD
MEDFORD, OR 97504

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

8/31/2000

Loan Approval Gross Amount

$204,000

Loan Approval from the SBA

Of the total $204,000 loan amount, the SBA guaranteed $153,000.

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 22 employees. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 22 existing jobs.

Next Steps for Getting an SBA Loan

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 funding source

We've showcased information on this loan to let you know that businesses like yours 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:

Investor Turnoffs

Best Banks in Medford, Oregon

Oregon SBA 7A Banks