How to Get a Loan for Bare Printed Circuit Board Manufacturing
With these commercial loans for bare printed circuit board manufacturing, the SBA guarantees the lender that the loan will be repaid. This bare printed circuit board manufacturing loan for $150,000 was given to a Texas entrepreneur in 2005.
Getting a small business loan in Plano, Texas was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Plainscapital Bank, operating out of Lubbock, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: BARE PRINTED CIRCUIT BOARD MANUFACTURING
PLANO, TX 75023
SBA Loan Lender
PLAINSCAPITAL BANK
5010 UNIVERSITY AVE
LUBBOCK, TX 79413
This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
334412 - Bare Printed Circuit Board Manufacturing
Loan Approval Date
11/3/2005
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $75,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. The loan application indicated that the loan would help generate 10 new jobs.
Next Steps for Getting an SBA Loan
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
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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Find an SBA Lender in Lubbock, Texas
Getting an SBA Loan in Texas