Commercial Loans for Men's and Boys' Cut and Sew Apparel Contractors

Looking for commercial loans for men's and boys' cut and sew apparel contractors? An SBA loan may be just what you've been looking for. This $106,200 men's and boys' cut and sew apparel contractors loan was issued by an Indiana bank.

This small business knew how to go about getting a business bank loan. Based in Shelbyville, Indiana, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was National City Bank, based in Indianapolis, Indiana.

SBA Loan Borrower

COMPANY TYPE: MEN'S AND BOYS' CUT AND SEW APPAREL CONTRACTORS
SHELBYVILLE, IN 46176

SBA Loan Lender

NATIONAL CITY BANK
101 W WASHINGTON ST # 100 E
INDIANAPOLIS, IN 46255

This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

315211 - Men's and Boys' Cut and Sew Apparel Contractors

Loan Approval Date

6/6/2003

Loan Approval Gross Amount

$106,200

Loan Approval from the SBA

Of the total $106,200 loan amount, the SBA guaranteed $79,650.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs.

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.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $106,200 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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