Borrowing Money for Computer and Office Machine Repair and Maintenance
With these bank loans for computer and office machine repair and maintenance, the SBA guarantees the lender that the loan will be repaid. This computer and office machine repair and maintenance loan for $173,000 was given to an Alabama entrepreneur in 2006.
This small firm knew how to go about getting a business bank loan. Based in Montgomery, Alabama, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Community W. Bank, based in Goleta, California.
SBA Loan Borrower
COMPANY TYPE: COMPUTER AND OFFICE MACHINE REPAIR AND MAINTENANCE
MONTGOMERY, AL 36116
SBA Loan Lender
COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117
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.
811212 - Computer and Office Machine Repair and Maintenance
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $173,000 loan amount, the SBA guaranteed $129,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help generate 3 new jobs and retain 1 existing job.
Next Steps for Getting an SBA Loan
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
We can help you find the best banks for small businesses in Montgomery or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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