Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

Good Banks for Watsonville Entrepreneurs

 

 
Loan Census SBA Loan Info

Where to Get Capital for Printed Circuit Assembly Manufacturing

With these SBA loans for printed circuit assembly manufacturing, the SBA guarantees the lender that the loan will be repaid. This printed circuit assembly manufacturing loan for $80,000 was given to a California entrepreneur in 2004.

This business knew how to go about getting a business bank loan. Based in Watsonville, California, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Santa Cruz Community Cu, based in Santa Cruz, California.

SBA Loan Borrower

COMPANY TYPE: PRINTED CIRCUIT ASSEMBLY MANUFACTURING
WATSONVILLE, CA 95076

SBA Loan Lender

SANTA CRUZ COMMUNITY CU
324 FRONT ST
SANTA CRUZ, CA 95060

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

3/17/2004

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $40,000.

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 4 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

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

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Santa Cruz Community Cu are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Small Business Loan

Best Banks in Santa Cruz, California

SBA Lenders in California