Raising Money for Women's and Girls' Cut and Sew Dress Manufacturing

Looking for bank loans for women's and girls' cut and sew dress manufacturing? The SBA may be the answer. This $1,552,500 women's and girls' cut and sew dress manufacturing loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Commerce, California was able to borrow $1,552,500 from Borrego Springs Bank. The SBA made the loan possible by guaranteeing $999,996 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: WOMEN'S AND GIRLS' CUT AND SEW DRESS MANUFACTURING
COMMERCE, CA 90040

SBA Loan Lender

BORREGO SPRINGS BANK
587 PALM CANYON DR, STE 101
BORREGO SPRINGS, CA 92004

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

315233 - Women's and Girls' Cut and Sew Dress Manufacturing

Loan Approval Date

11/20/2002

Loan Approval Gross Amount

$1,552,500

Loan Approval from the SBA

Of the total $1,552,500 loan amount, the SBA guaranteed $999,996.

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 30 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 30 existing jobs.

Getting an SBA Loan For Your Business

If you are raising money in Commerce CA, you ought to talk with a local Commerce SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Commerce businesses.

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 to Raise Money

SBA Approved Banks in Borrego Springs, California

Getting an SBA Loan in California