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Success Story: Urethane Masters
Urethane Masters is a custom manufacturing company that creates prototypes and production parts used in field tests and short-run production by Fortune 500 OEMs (original equipment manufacturers).
Founders Gayle McEnroe and Minh Le had previously worked in the same industry for 15 and 25 years respectively. To learn more, visit them at www.UrethaneMasters.com.
Use of Capital Infusion Funds
The financing was utilized for hiring new employees and purchasing equipment.
Areas of Assistance
Obtain Financing
Connections to Bankers & Partners
Loan Applications
Financial Modeling
Permits/Licenses/Insurance
Economic Impact
Capital Infusion: $480,000
Owner Investment: $130,000
New Business Start
Jobs Created: 8
Location
San Diego, CA 92114
“We moved our company to San Diego from Minnesota, and the SBDC gave us instant access to a huge network of contacts that led to obtaining our startup capital and making other crucial connections. Being the “new guy in town” is never easy, but with their help, we hit the ground running.”