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“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. Bein the “new guy in town” is never easy, but with their help, we hit the ground running”

– Gayle McEnroe, President

 

Economic Impact:

Areas of Assistance:

  • Capital Infusion: $480,000

  • Obtain Financing

  • Owner Investment: $130,000

  • Connections to Bankers & Partners

  • New Business Start

  • Loan Applications

  • Jobs Created: 8

  • Financial Modeling

  • Permits/Licenses/Insurance

Description of Business:

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.UrethanMasters.com.

Use of Capital Infusion Funds:

The financing was utilized for hiring new employees and purchasing equipment.

Location:

San Diego, CA 92114