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December 25, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Temecula, Business Loans > Temecula Valley Bank Temecula Business Loans > Women's And Girls' Cut And Sew Dress Manufacturing Loan | ||||
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How to Get SBA Loans in Los Angeles, California
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Business Loans for Women's and Girls' Cut and Sew Dress ManufacturingWith these business loans for women's and girls' cut and sew dress manufacturing, the SBA guarantees the lender that the loan will be repaid. This women's and girls' cut and sew dress manufacturing loan for $1,785,000 was given to a California entrepreneur in 2004. This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Temecula Valley Bank, out of Temecula, California. The loan was granted and they received $1,785,000 to help grow their Los Angeles, California business. SBA Loan Borrower COMPANY TYPE: WOMEN'S AND GIRLS' CUT AND SEW DRESS MANUFACTURING SBA Loan Lender TEMECULA VALLEY BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 315233 - Women's and Girls' Cut and Sew Dress Manufacturing Loan Approval Date 6/7/2004 Loan Approval Gross Amount $1,785,000 Loan Approval from the SBA Of the total $1,785,000 loan amount, the SBA guaranteed $1,338,750. 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 60 employees. The SBA loan documents indicated that the loan would help generate 20 new jobs and retain 60 existing jobs. Next Steps for Getting an SBA Loan SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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 Temecula, California Banks for Small Business
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