Category Success Stories
April 5, 2022
John M. Birckhead and Christopher W. Mayeu founded Welbor Technology, Inc. in September 2003. The company engineers, designs, and manufactures products for the oilfield services industry. Community Business Finance originated an SBA 504 loan in conjunction with Wells Fargo Bank to facilitate the purchase of the land and building that Welbor was previously leasing. The 504 loan helped the company meet its office space needs and provide room for future growth and expansion while minimizing the down payment required to purchase the building.