Financing for Electronic Computer Manufacturing

With these commercial loans for electronic computer manufacturing, the SBA guarantees the lender that the loan will be repaid. This electronic computer manufacturing loan for $190,600 was given to a Texas entrepreneur in 2006.

This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Southwest Bank, out of Fort Worth, Texas. The loan was granted and they received $190,600 to help grow their Mckinney, Texas business.

SBA Loan Borrower

COMPANY TYPE: ELECTRONIC COMPUTER MANUFACTURING
MCKINNEY, TX 75071

SBA Loan Lender

SOUTHWEST BANK
3737 SW LOOP 820
FORT WORTH, TX 76133

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

334111 - Electronic Computer Manufacturing

Loan Approval Date

8/29/2006

Loan Approval Gross Amount

$190,600

Loan Approval from the SBA

Of the total $190,600 loan amount, the SBA guaranteed $142,950.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source

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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