Electronic Coil, Transformer, and Inductor Manufacturing SBA Loans

Looking for SBA loans for electronic coil, transformer, and inductor manufacturing? Talk to a banker who works with the SBA. This $26,400 electronic coil, transformer, and inductor manufacturing loan was issued by a Texas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Alpine, Texas was able to borrow $26,400 from West Texas National Bank. The SBA made the loan possible by guaranteeing $22,440 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: ELECTRONIC COILS AND TRANSFORMERS
ALPINE, TX 79831

SBA Loan Lender

WEST TEXAS NATIONAL BANK
101 EAST AVE ' E '
ALPINE, TX 79830

This lender issued this SBA loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3677 - Electronic Coils and Transformers

NAICS Code

334416 - Electronic Coil, Transformer, and Inductor Manufacturing

Loan Approval Date

4/15/2002

Loan Approval Gross Amount

$26,400

Loan Approval from the SBA

Of the total $26,400 loan amount, the SBA guaranteed $22,440.

More Information on This SBA Loan

The borrower 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. This SBA loan request indicated that the loan would help generate 1 new job and retain 4 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.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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