Raising Money for Printed Circuit Assembly Manufacturing

With these business loans for printed circuit assembly manufacturing, the SBA guarantees the lender that the loan will be repaid. This printed circuit assembly manufacturing loan for $100,000 was given to a California entrepreneur in 2002.

This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with First Private Bank & Trust, out of Encino, California. The loan was granted and they received $100,000 to help grow their Canoga Park, California business.

SBA Loan Borrower

COMPANY TYPE: PRINTED CIRCUIT ASSEMBLY MANUFACTURING
CANOGA PARK, CA 91304

SBA Loan Lender

FIRST PRIVATE BANK & TRUST
16000 VENTURA BLVD
ENCINO, CA 91436

This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

334418 - Printed Circuit Assembly Manufacturing

Loan Approval Date

9/26/2002

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

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 15 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 15 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First Private Bank & Trust and they will explain how you can get an SBA loan for your company.

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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