Where to Get Capital for Apparel Accessories and Other Apparel Manufacturing
Looking for small business loans for apparel accessories and other apparel manufacturing? An SBA loan may be just what you've been looking for. This $20,000 apparel accessories and other apparel manufacturing loan was issued by an Ohio bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Royal Oak, Michigan was able to borrow $20,000 from Rbs Citizens. The SBA made the loan possible by guaranteeing $10,000 of this Michigan small business loan.
SBA Loan Borrower
COMPANY TYPE: APPAREL ACCESSORIES AND OTHER APPAREL MANUFACTURING
ROYAL OAK, MI 48067
SBA Loan Lender
RBS CITIZENS
1215 SUPERIOR AVE
CLEVELAND, OH 44114
This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
8/3/2006
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.
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SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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.
Related Links:
Advice on Getting a Small Business Loan
SBA 7A Banks for Cleveland, Ohio Loans
Getting an SBA Loan in Ohio