Get an SBA Loan for Infants' Cut and Sew Apparel Manufacturing

With these small business loans for infants' cut and sew apparel manufacturing, the SBA guarantees the lender that the loan will be repaid. This infants' cut and sew apparel manufacturing loan for $20,000 was given to an Oklahoma entrepreneur in 2007.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Edmond, Oklahoma was able to borrow $20,000 from Midfirst Bank. The SBA made the loan possible by guaranteeing $10,000 of this Oklahoma small business loan.

SBA Loan Borrower

COMPANY TYPE: INFANTS' CUT AND SEW APPAREL MANUFACTURING
EDMOND, OK 73003

SBA Loan Lender

MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118

The lender provided this SBA business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

315291 - Infants' Cut and Sew Apparel Manufacturing

Loan Approval Date

10/31/2007

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

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 retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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SBA 7A Banks in Oklahoma City, Oklahoma

Oklahoma SBA 7A Lenders