Where to Get Capital for Bare Printed Circuit Board Manufacturing
With these small business 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 $435,000 was given to a California entrepreneur in 2000.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Santa Cruz, California was able to borrow $435,000 from Comerica Bank. The SBA made the loan possible by guaranteeing $326,250 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: PRINTED CIRCUIT BOARDS
SANTA CRUZ, CA 95060
SBA Loan Lender
COMERICA BANK
1717 MAIN
DALLAS, TX 75201
This SBA loan was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3672 - Printed Circuit Boards
NAICS Code
334412 - Bare Printed Circuit Board Manufacturing
Loan Approval Date
3/1/2000
Loan Approval Gross Amount
$435,000
Loan Approval from the SBA
Of the total $435,000 loan amount, the SBA guaranteed $326,250.
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 70 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you want money for new small business in Santa Cruz CA, you ought to talk with a local Santa Cruz SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Santa Cruz businesses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Comerica Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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