Miami, Florida Lender Lends Money to Computerslane.Com LLC
Want to talk with a Miami, Florida bank about an SBA loan? Here's one California business loan, issued by a Miami bank, that was approved by the SBA.
Applying for an SBA loan with Citibank worked out well for our friends at Computerslane.Com LLC in Campbell, California. The business was able to get an SBA loan for $25,000. Sweet!
SBA Loan Borrower
COMPUTERSLANE.COM LLC
831 UNION AVENUE, STE B
CAMPBELL, CA 95008
SBA Loan Lender
CITIBANK
8750 DORAL BLVD, 7TH FL
MIAMI, FL 33178
This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
443120 - Computer and Software Stores
Loan Approval Date
7/11/2001
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
More Information on This SBA Loan
The borrower, Computerslane.Com LLC, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as Computerslane.Com LLC walked into Citibank and applied for an SBA loan, you have to do the same thing. The sooner you start, the faster you'll get the money!
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
How to Raise Money
Good Banks for Small Business in Miami, Florida
SBA Florida Lenders
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