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I Need a Business Loan in Austin, Texas

 

 
Gaebler Ventures is a business incubator, holding company, and private equity firm. We help entrepreneurs transform ideas and innovations into greatness.

Get an SBA Loan for Computer Systems Design Services

Looking for bank loans for computer systems design services? Talk to a banker who works with the SBA. This $150,000 computer systems design services loan was issued by a Texas bank.

On Site Computer Solutions knew how to go about getting a business bank loan. Based in Austin, Texas, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was American Bank Of Commerce, based in Wolfforth, Texas.

SBA Loan Borrower

ON SITE COMPUTER SOLUTIONS
120 HIGHLANDER
AUSTIN, TX 78734

SBA Loan Lender

AMERICAN BANK OF COMMERCE
W 82ND ST AND US HWY 62/82
WOLFFORTH, TX 79382

The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

541512 - Computer Systems Design Services

Loan Approval Date

2/12/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower, On Site Computer Solutions, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 27 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 29 existing jobs. This loan was paid in full, and was closed out on 10/18/2004.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this On Site Computer Solutions loan from American Bank Of Commerce so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Obtaining Funding - How to Borrow Money

Good Banks for Small Business in Wolfforth, Texas

Browse All Business Loan Sources for Texas

 

If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.

 

 

 

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