SBA lending record
IT Assist Inc.
2 Swamp Road, Newtown, PA 18940 · Computer Facilities Management Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$4.8M
Total SBA financing
2
Loans on record
FY2020
On record
10
Jobs supported
Franchise brand
TeamLogic IT
See TeamLogic IT's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$250,000 — FY2020
Loan 1 of 2- Gross approval
- $250,000
- SBA guaranteed
- $125,000 (50%)
- Status
- Paid in full
- Rate at approval
- 5.75% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/12/2020
- First disbursement
- 6/30/2020
- Days to fund
- 18 days
- Paid in full
- 5/31/2022
- Collateral
- Required
- Jobs supported
- 5
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Computer Facilities Management Services
- NAICS code
- 541513
- Franchise
- TeamLogic IT
- Franchise code
- S1720
- Lender
- Byline Bank
- Address
- 2 Swamp Road
- City
- Newtown, 18940
- County
- Bucks
- SBA district office
- PHILADELPHIA DISTRICT OFFICE
- Congressional district
- 1
$4,600,000 — FY2020
Loan 2 of 2- Gross approval
- $4,600,000
- SBA guaranteed
- $3,450,000 (75%)
- Status
- Paid in full
- Rate at approval
- 5.75% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/12/2020
- First disbursement
- 6/30/2020
- Days to fund
- 18 days
- Paid in full
- 7/31/2023
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 5
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Computer Facilities Management Services
- NAICS code
- 541513
- Franchise
- TeamLogic IT
- Franchise code
- S1720
- Lender
- Byline Bank
- Address
- 2 Swamp Road
- City
- Newtown, 18940
- County
- Bucks
- SBA district office
- PHILADELPHIA DISTRICT OFFICE
- Congressional district
- 1
The lender
Find SBA lenders for businesses like this
The banks most active funding computer facilities management services — by location, industry, and brand.
Other TeamLogic IT locations
Other TeamLogic IT businesses in the public SBA record — closest first, by location and deal size.
TEAMLOGIC IT; Snelling Staffing
South Plainfield, NJ· ~35 mi
TeamLogic IT
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
Evolution Technologies, LLC
Mission Viejo, CA· ~2381 mi
TeamLogic IT
- $4.0M
- SBA financing
- ≈ $7.9M–$13M
- Est. revenue (rough)
ONS COMPUTER & IT SOLUTIONS, INC.
Ellicott City, MD· ~119 mi
TeamLogic IT
- $850K
- SBA financing
- ≈ $1.7M–$2.8M
- Est. revenue (rough)
MIKE & ELAINE WILLIAMS, LLC
Kingston, PA· ~87 mi
TeamLogic IT
- $65K
- SBA financing
- ≈ $127K–$212K
- Est. revenue (rough)
Whistle Pig Industries LLC
Pittsburgh, PA· ~258 mi
TeamLogic IT
- $140K
- SBA financing
- ≈ $275K–$458K
- Est. revenue (rough)
Enhanced IT, Inc.
Fayetteville, NC· ~418 mi
TeamLogic IT
- $1.0M
- SBA financing
- ≈ $2.0M–$3.3M
- Est. revenue (rough)
Similar businesses
Comparable computer facilities management services in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Business Intelligence Associates, Inc.
New York, NY· ~59 mi
Computer Facilities Management Services
- $4.9M
- SBA financing
- ≈ $9.6M–$16M
- Est. revenue (rough)
SBV WORKFORCE MANAGEMENT, INC.
Airmont, NY· ~75 mi
Computer Facilities Management Services
- $3.3M
- SBA financing
- ≈ $6.5M–$11M
- Est. revenue (rough)
Avanceon LP
Exton, PA· ~40 mi
Computer Facilities Management Services
- $1.5M
- SBA financing
- ≈ $3.0M–$5.0M
- Est. revenue (rough)
GCG, Inc.
Lutherville Timonium, MD· ~105 mi
Computer Facilities Management Services
- $2.2M
- SBA financing
- ≈ $4.4M–$7.3M
- Est. revenue (rough)
Datashrubs, LLC
Lansdale, PA· ~20 mi
Computer Facilities Management Services
- $130K
- SBA financing
- ≈ $255K–$425K
- Est. revenue (rough)
Herb and San Inc.
Swarthmore, PA· ~31 mi
NerdsToGo
- $142K
- SBA financing
- ≈ $278K–$464K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for IT Assist Inc. in Newtown, PA (Computer Facilities Management Services). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 2 SBA 7(a) loans totaling $4.8M
- On record FY2020
- 10 jobs supported
- Industry: Computer Facilities Management Services
- Location: Newtown, PA
- Lender: Byline Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Computer Facilities Management Services businesses in PA for ~$2.4M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-22.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with IT Assist Inc..