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December 22, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Los Angeles, Business Loans > Center Bank Los Angeles Business Loans > Men's And Boys' Cut And Sew Outerwear Manufacturing Loan | ||||
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Denver, Colorado Bank Loan
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Commercial Loans for Men's and Boys' Cut and Sew Outerwear ManufacturingLooking for commercial loans for men's and boys' cut and sew outerwear manufacturing? An SBA loan may be just what you've been looking for. This $70,000 men's and boys' cut and sew outerwear manufacturing loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Denver, Colorado was able to borrow $70,000 from Center Bank. The SBA made the loan possible by guaranteeing $59,500 of this Colorado small business loan. SBA Loan Borrower COMPANY TYPE: MEN'S AND BOYS' CUT AND SEW OUTERWEAR MANUFACTURING SBA Loan Lender CENTER BANK 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 315228 - Men's and Boys' Cut and Sew Outerwear Manufacturing Loan Approval Date 12/10/2001 Loan Approval Gross Amount $70,000 Loan Approval from the SBA Of the total $70,000 loan amount, the SBA guaranteed $59,500. 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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Center Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: Raising VC Money for Social Networking Companies SBA Participating Banks in Los Angeles, California
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