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April 25, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Fort Worth, Business Loans > Southwest Bank Fort Worth Business Loans > Bare Printed Circuit Board Manufacturing Loan | ||||
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Best Banks for Irving Businesses
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Financing for Bare Printed Circuit Board ManufacturingLooking for commercial loans for bare printed circuit board manufacturing? The SBA may be the answer. This $1,214,000 bare printed circuit board manufacturing loan was issued by a Texas bank. This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Southwest Bank, out of Fort Worth, Texas. The loan was granted and they received $1,214,000 to help grow their Irving, Texas business. SBA Loan Borrower COMPANY TYPE: BARE PRINTED CIRCUIT BOARD MANUFACTURING SBA Loan Lender SOUTHWEST BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 334412 - Bare Printed Circuit Board Manufacturing Loan Approval Date 8/9/2004 Loan Approval Gross Amount $1,214,000 Loan Approval from the SBA Of the total $1,214,000 loan amount, the SBA guaranteed $910,500. 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 36 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 37 existing jobs. Getting an SBA Loan For Your Business The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,214,000 loan. Remember, if it to be, it is up to me! 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: Best Fort Worth, Texas Banks for Small Business
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