Business Loans for Clothing Accessories Stores
With these business loans for clothing accessories stores, the SBA guarantees the lender that the loan will be repaid. This clothing accessories stores loan for $122,500 was given to a California entrepreneur in 2002.
Getting a small business loan in Chowchilla, California was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Coast Comm. Bank A Division -, operating out of Santa Cruz, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: CLOTHING ACCESSORIES STORES
CHOWCHILLA, CA 93610
SBA Loan Lender
COAST COMM. BANK A DIVISION -
75 RIVER ST
SANTA CRUZ, CA 95060
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
448150 - Clothing Accessories Stores
Loan Approval Date
7/24/2002
Loan Approval Gross Amount
$122,500
Loan Approval from the SBA
Of the total $122,500 loan amount, the SBA guaranteed $104,125.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. This SBA loan request indicated that the funding would help generate 3 new jobs.
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Many small businesses receive loans backed by the U.S. Small Business Administration.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
How Equity Dilution Works
SBA Banks in Santa Cruz, California
Getting an SBA Loan in California