Business Loans for Costume Jewelry and Novelty Manufacturing
Looking for business loans for costume jewelry and novelty manufacturing? Try the SBA. This $350,000 costume jewelry and novelty manufacturing loan was issued by a Pennsylvania bank.
This business knew how to go about getting a business bank loan. Based in Great Neck, New York, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Commerce Bank, based in Philadelphia, Pennsylvania.
SBA Loan Borrower
COMPANY TYPE: COSTUME JEWELRY AND NOVELTY MANUFACTURING
Great Neck, NY 11021
SBA Loan Lender
COMMERCE BANK
2005 MARKET ST
PHILADELPHIA, PA 19103
This bank 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
339914 - Costume Jewelry and Novelty Manufacturing
Loan Approval Date
10/25/2005
Loan Approval Gross Amount
$350,000
Loan Approval from the SBA
Of the total $350,000 loan amount, the SBA guaranteed $175,000.
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 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $350,000 loan. Remember, fight for what you want, and it will be yours!
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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