Getting an SBA Loan for Printed Circuit Assembly Manufacturing

Looking for SBA loans for printed circuit assembly manufacturing? An SBA loan may be just what you've been looking for. This $412,000 printed circuit assembly manufacturing loan was issued by a Wisconsin bank.

This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Investorsbank, out of Waukesha, Wisconsin. The loan was granted and they received $412,000 to help grow their Menomonee Falls, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: COMPUTER PERIPHERAL EQUIPMENT
MENOMONEE FALLS, WI 53051

SBA Loan Lender

INVESTORSBANK
W 239 N 1700 BUSSE RD
WAUKESHA, WI 53188

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3577 - Computer Peripheral Equipment

NAICS Code

334418 - Printed Circuit Assembly Manufacturing

Loan Approval Date

11/27/2001

Loan Approval Gross Amount

$412,000

Loan Approval from the SBA

Of the total $412,000 loan amount, the SBA guaranteed $309,000.

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 32 employees. The SBA loan documents did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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