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SBA lending record

Precision Assembly, Inc.

1442 South 500 East, American Fork, UT 84003 · Printed Circuit Assembly (Electronic Assembly) Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$6.5M

Total SBA financing

3

Loans on record

FY2022–26

On record

165

Jobs supported

business — business location is the ZIP-area centroid from the public record

Is Precision Assembly, Inc. your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

All 3 loans

$3,000,000 — FY2026

Loan 1 of 3
Gross approval
$3,000,000
SBA guaranteed
$2,250,000 (75%)
Status
Current
Rate at approval
9% v
Term
120 mo (10 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
1/29/2026
First disbursement
2/4/2026
Days to fund
6 days
Collateral
Required
Jobs supported
82
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Printed Circuit Assembly (Electronic Assembly) Manufacturing
NAICS code
334418
Address
1442 S 500 E Ste 100
City
American Fork, 84003
County
Utah
SBA district office
UTAH DISTRICT OFFICE
Congressional district
3

$3,000,000 — FY2023

Loan 2 of 3
Gross approval
$3,000,000
SBA guaranteed
$2,250,000 (75%)
Status
Paid in full
Rate at approval
6.5% f
Term
84 mo (7 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Business purchase
Approved
5/26/2023
First disbursement
7/6/2023
Days to fund
41 days
Paid in full
2/28/2026
Collateral
Required
Jobs supported
7
Business type
Corporation
Business age
Change of Ownership
Industry
Printed Circuit Assembly (Electronic Assembly) Manufacturing
NAICS code
334418
Address
1442 South 500 East
City
American Fork, 84003
County
Utah
SBA district office
UTAH DISTRICT OFFICE
Congressional district
3

$500,000 — FY2022

Loan 3 of 3
Gross approval
$500,000
SBA guaranteed
$375,000 (75%)
Status
Paid in full
Rate at approval
4.5% v
Term
12 mo (1 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
4/20/2022
First disbursement
5/3/2022
Days to fund
13 days
Paid in full
1/31/2023
Collateral
Required
Jobs supported
76
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Printed Circuit Assembly (Electronic Assembly) Manufacturing
NAICS code
334418
Address
1442 South 500 East
City
American Fork, 84003
County
Utah
SBA district office
UTAH DISTRICT OFFICE
Congressional district
3

The lenders

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The banks most active funding printed circuit assembly (electronic assembly) manufacturing — by location, industry.

Similar businesses

Comparable printed circuit assembly (electronic assembly) manufacturing in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Agent summary

This page summarizes the public SBA 7(a) lending record for Precision Assembly, Inc. in American Fork, UT (Printed Circuit Assembly (Electronic Assembly) Manufacturing). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

  • 3 SBA 7(a) loans totaling $6.5M
  • On record FY2022–26
  • 165 jobs supported
  • Industry: Printed Circuit Assembly (Electronic Assembly) Manufacturing
  • Location: American Fork, UT
  • Lenders: Glacier Bank, Bank of America, National Association, Northwest Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Printed Circuit Assembly (Electronic Assembly) Manufacturing businesses in UT for ~$2.2M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
  • Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
  • Figures come from public records and CapBench methodology; verify before relying on them.
  • Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Precision Assembly, Inc..

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