Financing for Hat, Cap, and Millinery Manufacturing

Looking for commercial loans for hat, cap, and millinery manufacturing? Talk to a banker who works with the SBA. This $146,000 hat, cap, and millinery manufacturing loan was issued by a Texas bank.

This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Austin Bank Texas, out of Rusk, Texas. The loan was granted and they received $146,000 to help grow their Alto, Texas business.

SBA Loan Borrower

COMPANY TYPE: HATS, CAPS, AND MILLINERY
ALTO, TX 75925

SBA Loan Lender

AUSTIN BANK TEXAS
401 MAIN ST
RUSK, TX 75785

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2353 - Hats, Caps, and Millinery

NAICS Code

315991 - Hat, Cap, and Millinery Manufacturing

Loan Approval Date

3/9/2000

Loan Approval Gross Amount

$146,000

Loan Approval from the SBA

Of the total $146,000 loan amount, the SBA guaranteed $109,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 45 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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