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April 16, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > El Centro, Business Loans > Rabobank, National Association El Centro Business Loans > Clothing Stores Loan | ||||
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SBA Lenders in California
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How to Get a Loan for Clothing StoresWith these SBA loans for clothing stores, the SBA guarantees the lender that the loan will be repaid. This clothing stores loan for $597,000 was given to a California entrepreneur in 2002. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in El Centro, California was able to borrow $597,000 from Rabobank, National Association. The SBA made the loan possible by guaranteeing $447,750 of this California small business loan. SBA Loan Borrower COMPANY TYPE: CLOTHING STORES SBA Loan Lender RABOBANK, NATIONAL ASSOCIATION This SBA loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 448190 - Clothing Stores Loan Approval Date 9/17/2002 Loan Approval Gross Amount $597,000 Loan Approval from the SBA Of the total $597,000 loan amount, the SBA guaranteed $447,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. This SBA loan request did not indicate that the company planned to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. While you may be able to find other ways to get money to start a business, 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: Advice on Getting a Small Business Loan Small Business Banks in El Centro, California
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