Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

Raising Money in Pinson (mount Pinson), Alabama With SBA Loans

 

 
Loan Census SBA Loan Info

Small Business Loans for Computer, Peripheral Equipment and Software Merchant Wholesaler

Looking for small business loans for computer, peripheral equipment and software merchant wholesaler? Try the SBA. This $35,000 computer, peripheral equipment and software merchant wholesaler loan was issued by an Alabama bank.

This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Compass Bank, out of Birmingham, Alabama. The loan was granted and they received $35,000 to help grow their Pinson (mount Pinson), Alabama business.

SBA Loan Borrower

COMPANY TYPE: COMPUTER, PERIPHERAL EQUIPMENT AND SOFTWARE MERCHANT WHOLESALER
PINSON (MOUNT PINSON), AL 35126

SBA Loan Lender

COMPASS BANK
15 S 20TH ST
BIRMINGHAM, AL 35233

This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

423430 - Computer, Peripheral Equipment and Software Merchant Wholesaler

Loan Approval Date

7/27/2006

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 8 employees. The loan application indicated that the loan would help retain 8 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are raising money in Pinson (mount Pinson) AL, you ought to talk with a local Pinson (mount Pinson) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pinson (mount Pinson) businesses.

We can help you find the best banks for small businesses in Pinson (mount Pinson) 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.

Related Links:

Microlending as a Small Business Funding Source

Small Business Banks in Birmingham, Alabama

Find an SBA Lender in Alabama