Broadwoven Fabric Finishing Mills Commercial Loans
Looking for commercial loans for broadwoven fabric finishing mills? Talk to a banker who works with the SBA. This $100,000 broadwoven fabric finishing mills loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Van Nuys, California was able to borrow $100,000 from East West Bank. The SBA made the loan possible by guaranteeing $85,000 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: BUSINESS SERVICES
VAN NUYS, CA 91405
SBA Loan Lender
EAST WEST BANK
135 N LOS ROBLES AVE, 7TH FL
PASADENA, CA 91101
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
7389 - Business Services
NAICS Code
313311 - Broadwoven Fabric Finishing Mills
Loan Approval Date
5/29/2001
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
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 did not indicate that the small business planned to use the funding to add employees or retain any existing employees.
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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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