Where to Get Capital for Jewelers' Material and Lapidary Work Manufacturing

Looking for small business loans for jewelers' material and lapidary work manufacturing? An SBA loan may be just what you've been looking for. This $25,000 jewelers' material and lapidary work manufacturing loan was issued by a bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Juan, was able to borrow $25,000 from Banco Bilbao Vizcaya Argentari. The SBA made the loan possible by guaranteeing $12,500 of this small business loan.

SBA Loan Borrower

COMPANY TYPE: JEWELERS' MATERIAL AND LAPIDARY WORK MANUFACTURING
SAN JUAN, PR 00927

SBA Loan Lender

BANCO BILBAO VIZCAYA ARGENTARI
254 MUNOZ RIVERA AVE
SAN JUAN, PR 00936

The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

339913 - Jewelers' Material and Lapidary Work Manufacturing

Loan Approval Date

10/17/2003

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 15 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 18 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Banco Bilbao Vizcaya Argentari and they will explain how you can get an SBA loan for your company.

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:

A Company That Helps Entrepreneurs