Where to Get Capital for Women's and Girls' Lingerie, Loungewear, and Nightwear Manufacturing

Looking for small business loans for women's and girls' lingerie, loungewear, and nightwear manufacturing? Try the SBA. This $324,000 women's and girls' lingerie, loungewear, and nightwear manufacturing loan was issued by a California bank.

This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Union Bank Of California, out of San Bernardino, California. The loan was granted and they received $324,000 to help grow their Los Angeles, California business.

SBA Loan Borrower

COMPANY TYPE: WOMEN'S AND GIRLS' LINGERIE, LOUNGEWEAR, AND NIGHTWEAR MANUFACTURING
LOS ANGELES, CA 90007

SBA Loan Lender

UNION BANK OF CALIFORNIA
140 S ARROWHEAD
SAN BERNARDINO, CA 92408

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

315231 - Women's and Girls' Lingerie, Loungewear, and Nightwear Manufacturing

Loan Approval Date

5/15/2001

Loan Approval Gross Amount

$324,000

Loan Approval from the SBA

Of the total $324,000 loan amount, the SBA guaranteed $243,000.

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 200 employees. The SBA loan application for the borrower indicated that the loan would help generate 25 new jobs and retain 200 existing jobs.

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

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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Union Bank Of California are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Microlending as a Small Business Funding Source

Where to Get an SBA Loan in San Bernardino, California

Find an SBA Lender in California