Men's and Boys' Cut and Sew Outerwear Manufacturing Commercial Loans

Looking for commercial loans for men's and boys' cut and sew outerwear manufacturing? The SBA may be the answer. This $210,000 men's and boys' cut and sew outerwear manufacturing loan was issued by a Missouri bank.

This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Boone Cnty National Bank - Columbia, out of Columbia, Missouri. The loan was granted and they received $210,000 to help grow their Columbia, Missouri business.

SBA Loan Borrower

COMPANY TYPE: MEN'S AND BOYS' CUT AND SEW OUTERWEAR MANUFACTURING
COLUMBIA, MO 65203

SBA Loan Lender

BOONE CNTY NATIONAL BANK - COLUMBIA
720 E BROADWAY
COLUMBIA, MO 65201

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

315228 - Men's and Boys' Cut and Sew Outerwear Manufacturing

Loan Approval Date

5/19/2006

Loan Approval Gross Amount

$210,000

Loan Approval from the SBA

Of the total $210,000 loan amount, the SBA guaranteed $105,000.

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 5 employees. The loan application indicated that the loan would help generate 5 new jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

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:

How Equity Dilution Works

SBA Participating Banks in Columbia, Missouri

Missouri SBA Banks