Get an SBA Loan for Analytical Laboratory Instrument Manufacturing
With these loans for analytical laboratory instrument manufacturing, the SBA guarantees the lender that the loan will be repaid. This analytical laboratory instrument manufacturing loan for $1,932,000 was given to a California entrepreneur in 2003.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Menlo Park, California was able to borrow $1,932,000 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $999,983 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: ANALYTICAL LABORATORY INSTRUMENT MANUFACTURING
MENLO PARK, CA 94025
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
This lender provides SBA business 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
334516 - Analytical Laboratory Instrument Manufacturing
Loan Approval Date
7/31/2003
Loan Approval Gross Amount
$1,932,000
Loan Approval from the SBA
Of the total $1,932,000 loan amount, the SBA guaranteed $999,983.
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 17 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 12 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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