Small Business Loans for Men's and Boys' Cut and Sew Shirt Manufacturing
With these small business loans for men's and boys' cut and sew shirt manufacturing, the SBA guarantees the lender that the loan will be repaid. This men's and boys' cut and sew shirt manufacturing loan for $75,000 was given to a Pennsylvania entrepreneur in 2005.
This small firm knew how to go about getting a business bank loan. Based in Stroudsburg, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Pnc Bank, National Association, based in Pittsburgh, Pennsylvania.
SBA Loan Borrower
COMPANY TYPE: MEN'S AND BOYS' CUT AND SEW SHIRT MANUFACTURING
STROUDSBURG, PA 18360
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222
This lender processed this small business 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
315223 - Men's and Boys' Cut and Sew Shirt Manufacturing
Loan Approval Date
3/15/2005
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $37,500.
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 application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are raising money in Stroudsburg PA, you ought to talk with a local Stroudsburg SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Stroudsburg businesses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Pnc Bank, National Association are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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:
Business Incubators
SBA Banks in Pittsburgh, Pennsylvania
SBA Pennsylvania Lenders