Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Oakland, California Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Raising Money for Infants' Cut and Sew Apparel Manufacturing

Looking for business loans for infants' cut and sew apparel manufacturing? The SBA may be the answer. This $100,000 infants' cut and sew apparel manufacturing loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Oakland, California was able to borrow $100,000 from California Bank & Trust. The SBA made the loan possible by guaranteeing $80,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: GIRLS', CHILDREN'S, AND INFANTS' OUTERWEAR
OAKLAND, CA 94609

SBA Loan Lender

CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2369 - Girls', Children's, and Infants' Outerwear

NAICS Code

315291 - Infants' Cut and Sew Apparel Manufacturing

Loan Approval Date

12/22/2000

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $80,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 only one employee. The loan application did not indicate that the business planned to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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