Where to Get Capital for Clothing Stores

Looking for small business loans for clothing stores? Talk to a banker who works with the SBA. This $24,200 clothing stores loan was issued by a Texas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Dalhart, Texas was able to borrow $24,200 from 1st National Bank - Canadian. The SBA made the loan possible by guaranteeing $20,570 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: CLOTHING STORES
DALHART, TX 79022

SBA Loan Lender

1ST NATIONAL BANK - CANADIAN
200 MAIN ST
CANADIAN, TX 79014

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448190 - Clothing Stores

Loan Approval Date

11/14/2001

Loan Approval Gross Amount

$24,200

Loan Approval from the SBA

Of the total $24,200 loan amount, the SBA guaranteed $20,570.

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 only one employee. This SBA loan request did not indicate that the business promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

We can help you find the best banks for small businesses in Dalhart 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:

Business Line of Credit

Good Banks for Small Business in Canadian, Texas

SBA Lenders in Texas