Loans for Women's and Girls' Cut and Sew Dress Manufacturing

Looking for loans for women's and girls' cut and sew dress manufacturing? An SBA loan may be just what you've been looking for. This $1,600,000 women's and girls' cut and sew dress manufacturing loan was issued by a Massachusetts bank.

This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Ups Capital Business Credit, out of Boston, Massachusetts. The loan was granted and they received $1,600,000 to help grow their New York, New York business.

SBA Loan Borrower

COMPANY TYPE: WOMEN'S, MISSES', AND JUNIORS' DRESSES
NEW YORK, NY 10018

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
175 FEDERAL ST
BOSTON, MA 02110

This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2335 - Women's, Misses', and Juniors' Dresses

NAICS Code

315233 - Women's and Girls' Cut and Sew Dress Manufacturing

Loan Approval Date

6/29/2001

Loan Approval Gross Amount

$1,600,000

Loan Approval from the SBA

Of the total $1,600,000 loan amount, the SBA guaranteed $992,000.

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 2 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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 Ups Capital Business Credit 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:

Accountant's Role in Securing Financing

Where to Get an SBA Loan in Boston, Massachusetts

Massachusetts SBA 7A Lenders