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November 15, 2024 |
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| Home > Small Business Lenders by State > Delaware Business Loan Sources > Wilmington, Business Loans > Wilmington Trust Company Wilmington Business Loans > Clothing Stores Loan | ||||
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Banks in Delaware
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Loans for Clothing StoresWith these loans for clothing stores, the SBA guarantees the lender that the loan will be repaid. This clothing stores loan for $75,000 was given to a Delaware entrepreneur in 2007. Getting a small business loan in Dewey Beach, Delaware was important for this growing firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Wilmington Trust Company, operating out of Wilmington, Delaware. Here are the details on this Delaware small business loan. SBA Loan Borrower COMPANY TYPE: CLOTHING STORES SBA Loan Lender WILMINGTON TRUST COMPANY This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 448190 - Clothing Stores Loan Approval Date 12/18/2007 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $37,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 2 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $75,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Best Wilmington, Delaware Banks for Small Business SBA Participating Banks in Delaware
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