Loans for Women's and Girls' Cut and Sew Outerwear Manufacturing
With these loans for women's and girls' cut and sew outerwear manufacturing, the SBA guarantees the lender that the loan will be repaid. This women's and girls' cut and sew outerwear manufacturing loan for $437,000 was given to a California entrepreneur in 2006.
This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Alliance Bank, out of Culver City, California. The loan was granted and they received $437,000 to help grow their Vernon, California business.
SBA Loan Borrower
COMPANY TYPE: WOMEN'S AND GIRLS' CUT AND SEW OUTERWEAR MANUFACTURING
VERNON, CA 90058
SBA Loan Lender
ALLIANCE BANK
100 CORPORATE POINTE
CULVER CITY, CA 90230
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
315239 - Women's and Girls' Cut and Sew Outerwear Manufacturing
Loan Approval Date
9/6/2006
Loan Approval Gross Amount
$437,000
Loan Approval from the SBA
Of the total $437,000 loan amount, the SBA guaranteed $327,750.
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 25 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 25 existing jobs.
Getting an SBA Loan For Your Business
If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great source of funding.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
Understanding Dilution
SBA Banks in Culver City, California
SBA Lenders in California