Bare Printed Circuit Board Manufacturing Business Loans
Looking for business loans for bare printed circuit board manufacturing? Try the SBA. This $643,000 bare printed circuit board manufacturing loan was issued by a Pennsylvania bank.
This small business knew how to go about getting a business bank loan. Based in Sharon, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was First National Bank - Pennsylvania, based in Hermitage, Pennsylvania.
SBA Loan Borrower
COMPANY TYPE: PRINTED CIRCUIT BOARDS
SHARON, PA 16146
SBA Loan Lender
FIRST NATIONAL BANK - PENNSYLVANIA
3320 E STATE ST
HERMITAGE, PA 16148
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.
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
7/25/2001
Loan Approval Gross Amount
$643,000
Loan Approval from the SBA
Of the total $643,000 loan amount, the SBA guaranteed $482,250.
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 42 employees. The loan application did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First National Bank - Pennsylvania 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.
Related Links:
Raising Venture Capital
SBA 7A Lenders in Hermitage, Pennsylvania
Getting an SBA Loan in Pennsylvania