Bank Loans for Women's Clothing Stores
Looking for bank loans for women's clothing stores? Talk to a banker who works with the SBA. This $100,000 women's clothing stores loan was issued by an Utah bank.
Getting a small business loan in Chandler, Arizona was important for this growing firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Webbank, operating out of Salt Lake City, Utah. Here are the details on this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: WOMEN'S CLOTHING STORES
CHANDLER, AZ 85225
SBA Loan Lender
WEBBANK
6440 S WASATCH BLVD, STE 300
SALT LAKE CITY, UT 84121
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
448120 - Women's Clothing Stores
Loan Approval Date
8/30/2007
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help create 2 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Role of Business Plan When Raising Money
Where to Get an SBA Loan in Salt Lake City, Utah
Utah SBA Bank Lenders