How to Get a Loan for Bare Printed Circuit Board Manufacturing
Looking for commercial loans for bare printed circuit board manufacturing? Try the SBA. This $1,750,000 bare printed circuit board manufacturing loan was issued by a Delaware bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Milford, Delaware was able to borrow $1,750,000 from Wilmington Trust Company. The SBA made the loan possible by guaranteeing $999,985 of this Delaware small business loan.
SBA Loan Borrower
COMPANY TYPE: BARE PRINTED CIRCUIT BOARD MANUFACTURING
MILFORD, DE 19963
SBA Loan Lender
WILMINGTON TRUST COMPANY
1100 N MARKET ST, RODNEY SQ N
WILMINGTON, DE 19890
This debt financing 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.
NAICS Code
334412 - Bare Printed Circuit Board Manufacturing
Loan Approval Date
9/25/2002
Loan Approval Gross Amount
$1,750,000
Loan Approval from the SBA
Of the total $1,750,000 loan amount, the SBA guaranteed $999,985.
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 money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Equity Financing
Where to Get an SBA Loan in Wilmington, Delaware
Find an SBA Lender in Delaware