Get an SBA Loan for Semiconductor and Related Device Manufacturing
Looking for small business loans for semiconductor and related device manufacturing? Talk to a banker who works with the SBA. This $300,000 semiconductor and related device manufacturing loan was issued by a New York bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hudson, New Hampshire was able to borrow $300,000 from Keybank National Association. The SBA made the loan possible by guaranteeing $225,000 of this New Hampshire small business loan.
SBA Loan Borrower
COMPANY TYPE: PRINTED CIRCUIT BOARDS
HUDSON, NH 03051
SBA Loan Lender
KEYBANK NATIONAL ASSOCIATION
50 FOUNTAIN PLZ
BUFFALO, NY 14202
This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3672 - Printed Circuit Boards
NAICS Code
334413 - Semiconductor and Related Device Manufacturing
Loan Approval Date
10/12/2000
Loan Approval Gross Amount
$300,000
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $225,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 28 employees. The loan application did not indicate that the company promised to use the money to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $300,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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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Where to Get an SBA Loan New York