Financing for Printed Circuit Assembly Manufacturing

Looking for loans for printed circuit assembly manufacturing? An SBA loan may be just what you've been looking for. This $175,000 printed circuit assembly manufacturing loan was issued by an Indiana bank.

This small firm knew how to go about getting a business bank loan. Based in Versailles, Indiana, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Irwin Union Bank & Trust, based in Columbus, Indiana.

SBA Loan Borrower

COMPANY TYPE: PRINTED CIRCUIT ASSEMBLY MANUFACTURING
VERSAILLES, IN 47042

SBA Loan Lender

IRWIN UNION BANK & TRUST
500 WASHINGTON ST
COLUMBUS, IN 47201

The lender provided this commercial 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

334418 - Printed Circuit Assembly Manufacturing

Loan Approval Date

6/27/2006

Loan Approval Gross Amount

$175,000

Loan Approval from the SBA

Of the total $175,000 loan amount, the SBA guaranteed $87,500.

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 30 employees. This SBA loan request indicated that the loan would help retain 30 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a business in Versailles IN, you ought to talk with a local Versailles SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Versailles businesses.

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.

Related Links:

Find Start-Up Capital

SBA 7A Banks for Columbus, Indiana Loans

SBA Lenders in Indiana