How to Get a Loan for Men's and Boys' Cut and Sew Outerwear Manufacturing
With these commercial loans for men's and boys' cut and sew outerwear manufacturing, the SBA guarantees the lender that the loan will be repaid. This men's and boys' cut and sew outerwear manufacturing loan for $26,500 was given to a California entrepreneur in 2006.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Anaheim, California was able to borrow $26,500 from Bank Of America. The SBA made the loan possible by guaranteeing $13,250 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: MEN'S AND BOYS' CUT AND SEW OUTERWEAR MANUFACTURING
ANAHEIM, CA 92807
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
315228 - Men's and Boys' Cut and Sew Outerwear Manufacturing
Loan Approval Date
4/22/2006
Loan Approval Gross Amount
$26,500
Loan Approval from the SBA
Of the total $26,500 loan amount, the SBA guaranteed $13,250.
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 3 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
We can help you find the best banks for small businesses in Anaheim or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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.
Related Links:
Business Line of Credit
Where to Get an SBA Loan in Charlotte, North Carolina
Getting an SBA Loan in North Carolina