Small Business Loans for Electronic Component Manufacturing
Looking for small business loans for electronic component manufacturing? An SBA loan may be just what you've been looking for. This $49,000 electronic component manufacturing loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Pomona, California was able to borrow $49,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $36,750 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: ELECTRONIC COMPONENT MANUFACTURING
POMONA, CA 91767
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
334419 - Electronic Component Manufacturing
Loan Approval Date
6/27/2002
Loan Approval Gross Amount
$49,000
Loan Approval from the SBA
Of the total $49,000 loan amount, the SBA guaranteed $36,750.
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 22 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 22 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Wells Fargo Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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