How to Get a Loan for Men's and Boys' Cut and Sew Shirt Manufacturing
Looking for business loans for men's and boys' cut and sew shirt manufacturing? Try the SBA. This $25,000 men's and boys' cut and sew shirt manufacturing loan was issued by an Ohio bank.
Getting a small business loan in Athens, Ohio was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from The Citizens Bank Of Logan, operating out of Logan, Ohio. Here are the details on this Ohio small business loan.
SBA Loan Borrower
COMPANY TYPE: MEN'S AND BOYS' CUT AND SEW SHIRT MANUFACTURING
ATHENS, OH 45701
SBA Loan Lender
THE CITIZENS BANK OF LOGAN
188 W MAIN ST
LOGAN, OH 43138
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
315223 - Men's and Boys' Cut and Sew Shirt Manufacturing
Loan Approval Date
4/12/2005
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like The Citizens Bank Of Logan and they will explain how you can get an SBA loan for your company.
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:
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Good Banks for Small Business in Logan, Ohio
Ohio SBA 7A Banks