Financing for Clothing Stores

Looking for loans for clothing stores? The SBA may be the answer. This $60,700 clothing stores loan was issued by a Pennsylvania bank.

Getting a small business loan in Indiana, Pennsylvania was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from S & T Bank, operating out of Indiana, Pennsylvania. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: APPAREL AND ACCESSORY STORES
INDIANA, PA 15701

SBA Loan Lender

S & T BANK
800 PHILADELPHIA ST
INDIANA, PA 15701

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5699 - Apparel and Accessory Stores

NAICS Code

448190 - Clothing Stores

Loan Approval Date

11/2/2000

Loan Approval Gross Amount

$60,700

Loan Approval from the SBA

Of the total $60,700 loan amount, the SBA guaranteed $48,560.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are raising money in Indiana PA, you ought to talk with a local Indiana SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Indiana businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like S & T Bank and they will explain how you can get an SBA loan for your company.

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:

Business Cash Advances

Banks in Indiana, Pennsylvania

Getting an SBA Loan in Pennsylvania