Bank Loans for Surgical and Medical Instrument Manufacturing
Looking for bank loans for surgical and medical instrument manufacturing? Try the SBA. This $12,500 surgical and medical instrument manufacturing loan was issued by a California bank.
Getting a small business loan in Pittsburgh, Pennsylvania was important for this growing firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Superior Financial Group, LLC, operating out of Walnut Creek, California. Here are the details on this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: SURGICAL AND MEDICAL INSTRUMENT MANUFACTURING
PITTSBURGH, PA 15238
SBA Loan Lender
SUPERIOR FINANCIAL GROUP, LLC
165 LENNON LANE, SUITE 101
WALNUT CREEK, CA 94598
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
339112 - Surgical and Medical Instrument Manufacturing
Loan Approval Date
12/29/2006
Loan Approval Gross Amount
$12,500
Loan Approval from the SBA
Of the total $12,500 loan amount, the SBA guaranteed $10,625.
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 3 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 3 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
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.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $12,500 loan. Remember, feel the fear, and do it anyway.
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:
Accountant's Role in Securing Financing
Small Bank Loans in Walnut Creek, California
Getting a Business Loan in California