Borrowing Money for Aircraft Engine and Engine Parts Manufacturing

Looking for bank loans for aircraft engine and engine parts manufacturing? Talk to a banker who works with the SBA. This $1,000,000 aircraft engine and engine parts manufacturing loan was issued by a Texas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Simi (simi Valley), California was able to borrow $1,000,000 from Comerica Bank. The SBA made the loan possible by guaranteeing $750,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: AIRCRAFT ENGINES AND ENGINE PARTS
SIMI (SIMI VALLEY), CA 93065

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3724 - Aircraft Engines and Engine Parts

NAICS Code

336412 - Aircraft Engine and Engine Parts Manufacturing

Loan Approval Date

3/31/2000

Loan Approval Gross Amount

$1,000,000

Loan Approval from the SBA

Of the total $1,000,000 loan amount, the SBA guaranteed $750,000.

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 loan application indicated that the loan would help generate 19 new jobs and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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