How to Get a Loan for Women's and Girls' Cut and Sew Dress Manufacturing
Looking for SBA loans for women's and girls' cut and sew dress manufacturing? The SBA may be the answer. This $815,000 women's and girls' cut and sew dress manufacturing loan was issued by a New York bank.
This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Flushing Savings Bank, Fsb, out of New York City, New York. The loan was granted and they received $815,000 to help grow their New York, New York business.
SBA Loan Borrower
COMPANY TYPE: WOMEN'S AND GIRLS' CUT AND SEW DRESS MANUFACTURING
NEW YORK, NY 11208
SBA Loan Lender
FLUSHING SAVINGS BANK, FSB
33 IRVING PL
NEW YORK CITY, NY 10003
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
315233 - Women's and Girls' Cut and Sew Dress Manufacturing
Loan Approval Date
7/23/2003
Loan Approval Gross Amount
$815,000
Loan Approval from the SBA
Of the total $815,000 loan amount, the SBA guaranteed $611,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 7 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 10 existing jobs.
Getting an SBA Loan For Your Business
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
We can help you find the best banks for small businesses in New York 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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