Surgical and Medical Instrument Manufacturing Loans
With these loans for surgical and medical instrument manufacturing, the SBA guarantees the lender that the loan will be repaid. This surgical and medical instrument manufacturing loan for $440,000 was given to a California entrepreneur in 2000.
This small firm received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Wells Fargo Bank, out of Escondido, California. The loan was granted and they received $440,000 to help grow their Carlsbad, California business.
SBA Loan Borrower
COMPANY TYPE: SURGICAL AND MEDICAL INSTRUMENTS AND APPARATUS
CARLSBAD, CA 92009
SBA Loan Lender
WELLS FARGO BANK
444 S ESCONDIDO BLVD
ESCONDIDO, CA 92025
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3841 - Surgical and Medical Instruments and Apparatus
NAICS Code
339112 - Surgical and Medical Instrument Manufacturing
Loan Approval Date
3/16/2000
Loan Approval Gross Amount
$440,000
Loan Approval from the SBA
Of the total $440,000 loan amount, the SBA guaranteed $330,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 38 employees. The loan application indicated that the loan would help generate 7 new jobs and retain 38 existing jobs.
Getting an SBA Loan For Your Business
If you are wondering how to raise money for a company in Carlsbad CA, you ought to talk with a local Carlsbad SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Carlsbad businesses.
We can help you find the best banks for small businesses in Carlsbad or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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.
Related Links:
Angel Investors
Where to Get an SBA Loan in Escondido, California
SBA California Banks