Business Loans for Women's and Girls' Cut and Sew Outerwear Manufacturing
Looking for business loans for women's and girls' cut and sew outerwear manufacturing? The SBA may be the answer. This $100,000 women's and girls' cut and sew outerwear manufacturing loan was issued by a New York bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Los Angeles, California was able to borrow $100,000 from Banco Popular North America. The SBA made the loan possible by guaranteeing $50,000 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: WOMEN'S AND GIRLS' CUT AND SEW OUTERWEAR MANUFACTURING
LOS ANGELES, CA 90023
SBA Loan Lender
BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019
This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
315239 - Women's and Girls' Cut and Sew Outerwear Manufacturing
Loan Approval Date
6/18/2007
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 5 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 8 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
We can help you find the best banks for small businesses in Los Angeles or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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