Borrowing Money for Women's and Girls' Lingerie, Loungewear, and Nightwear Manufacturing

With these loans for women's and girls' lingerie, loungewear, and nightwear manufacturing, the SBA guarantees the lender that the loan will be repaid. This women's and girls' lingerie, loungewear, and nightwear manufacturing loan for $150,000 was given to a Pennsylvania entrepreneur in 2000.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Birdsboro, Pennsylvania was able to borrow $150,000 from National Penn Bank. The SBA made the loan possible by guaranteeing $112,500 of this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: WOMEN'S AND CHILDREN'S UNDERWEAR
BIRDSBORO, PA 19508

SBA Loan Lender

NATIONAL PENN BANK
PHILADELPHIA & READING AVES
BOYERTOWN, PA 19512

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2341 - Women's and Children's Underwear

NAICS Code

315231 - Women's and Girls' Lingerie, Loungewear, and Nightwear Manufacturing

Loan Approval Date

6/2/2000

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $112,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $150,000 loan. Remember, feel the fear, and do it anyway.

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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Pennsylvania SBA 7A Banks