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 $170,000 clothing stores loan was issued by a Hawaii bank.

This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Bank Of Hawaii, out of Honolulu, Hawaii. The loan was granted and they received $170,000 to help grow their Honolulu, Hawaii business.

SBA Loan Borrower

COMPANY TYPE: CLOTHING STORES
HONOLULU, HI 96813

SBA Loan Lender

BANK OF HAWAII
130 MERCHANT ST
HONOLULU, HI 96813

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

1/26/2005

Loan Approval Gross Amount

$170,000

Loan Approval from the SBA

Of the total $170,000 loan amount, the SBA guaranteed $85,000.

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 7 employees. The loan application indicated that the loan would help generate 1 new job and retain 8 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $170,000. How would you spend $170,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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