Success story · Laboratory and manufacturing
Triangle Labs Expanded in Carson City
Nevada State Development Corporation filmed John-Michael Grey of Triangle Labs about how an SBA 504 loan helped expand the Carson City business.
| City | Carson City |
|---|---|
| Industry | Laboratory and manufacturing |
| What the loan financed | The company’s premises |
| NSDC filmed this story | 2018 |
The business
Triangle Labs operates from Carson City. John-Michael Grey spoke to NSDC about using an SBA 504 loan to expand it.
Why owning matters for a lab
Laboratory and production space is fitted out around the work — benches, extraction, power, clean areas. None of that is portable, and none of it is worth doing at a landlord’s discretion. Owning the building is what makes the fit-out an asset rather than a sunk cost.
“Having the SBA help us along that way, it’s just been critical. That’s how we got to where we are today.”
John-Michael Grey, Triangle Labs
Watch the story
NSDC’s Success Story film, on NSDC’s YouTube channel.