SBA-backed Financing Fuels Growth with Partner Buyout, Pandemic Relief
… Working with Choice Bank in 2018, he used an SBA-backed loan to finance the partner equity buy-out. Then in 2020, … require their expertise, so they decided to take out a PPP loan. Since Schwartzbauer took over the business, EXB … services, and strategic growth efforts. Taking out the PPP loan allowed the company to keep a large bench engineers on …