Charlotte, North Carolina Lender Lends Money to Apparel Accessories And Other Apparel Manufacturing Company
Want to talk with a Charlotte, North Carolina bank about a small business loan? Here's one California business loan, issued by a Charlotte bank, that was approved by the SBA.
Applying for an SBA loan with Bank Of America worked out well for our friends at one local firm in Rancho Palos Verdes, California. The business was able to get an SBA loan for $25,000. Way to go!
SBA Loan Borrower
COMPANY TYPE: APPAREL ACCESSORIES AND OTHER APPAREL MANUFACTURING
RANCHO PALOS VERDES, CA 90275
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
315999 - Apparel Accessories and Other Apparel Manufacturing
Loan Approval Date
1/23/2003
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Getting an SBA Loan For Your Business
If you want money for new small business in Rancho Palos Verdes CA, you ought to talk with a local Rancho Palos Verdes SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rancho Palos Verdes businesses.
We can help you find the best banks for small businesses in Rancho Palos Verdes 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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