Small Business Loans for Bare Printed Circuit Board Manufacturing
Looking for small business loans for bare printed circuit board manufacturing? The SBA may be the answer. This $100,000 bare printed circuit board manufacturing loan was issued by an Oklahoma bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Broken Arrow, Oklahoma was able to borrow $100,000 from First Bank Of Owasso. The SBA made the loan possible by guaranteeing $75,000 of this Oklahoma small business loan.
SBA Loan Borrower
COMPANY TYPE: BARE PRINTED CIRCUIT BOARD MANUFACTURING
BROKEN ARROW, OK 74012
SBA Loan Lender
FIRST BANK OF OWASSO
102 W 2ND AVE
OWASSO, OK 74055
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
334412 - Bare Printed Circuit Board Manufacturing
Loan Approval Date
2/23/2006
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $75,000.
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 25 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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Best Owasso, Oklahoma Banks for Small Business
Getting an SBA Loan in Oklahoma