Where to Get Capital for Cut and Sew Apparel Manufacturing
With these small business loans for cut and sew apparel manufacturing, the SBA guarantees the lender that the loan will be repaid. This cut and sew apparel manufacturing loan for $100,000 was given to a New Hampshire entrepreneur in 2007.
Getting a small business loan in Conway, New Hampshire was important for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Northway Bank, operating out of North Conway, New Hampshire. Here are the details on this New Hampshire small business loan.
SBA Loan Borrower
COMPANY TYPE: CUT AND SEW APPAREL MANUFACTURING
CONWAY, NH 03818
SBA Loan Lender
NORTHWAY BANK
3278 WHITE MTN HWY, RTE 16
NORTH CONWAY, NH 02130
This SBA small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
315299 - Cut and Sew Apparel Manufacturing
Loan Approval Date
8/9/2007
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 an existing business. This loan was not for a franchise. At the time of the loan, the company
had 16 employees. The loan application indicated that the loan would help generate 1 new job and retain 15 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
We can help you find the best banks for small businesses in Conway or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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
Small Bank Loans in North Conway, New Hampshire
SBA New Hampshire Banks