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April 25, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Bernardino, Business Loans > Union Bank Of California San Bernardino Business Loans > Women's And Girls' Lingerie, Loungewear, And Nightwear Manufacturing Loan | ||||
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SBA 7A Banks for Los Angeles Businesses
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Where to Get Capital for Women's and Girls' Lingerie, Loungewear, and Nightwear ManufacturingLooking for small business loans for women's and girls' lingerie, loungewear, and nightwear manufacturing? Try the SBA. This $324,000 women's and girls' lingerie, loungewear, and nightwear manufacturing loan was issued by a California bank. This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Union Bank Of California, out of San Bernardino, California. The loan was granted and they received $324,000 to help grow their Los Angeles, California business. SBA Loan Borrower COMPANY TYPE: WOMEN'S AND GIRLS' LINGERIE, LOUNGEWEAR, AND NIGHTWEAR MANUFACTURING SBA Loan Lender UNION BANK OF CALIFORNIA This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 315231 - Women's and Girls' Lingerie, Loungewear, and Nightwear Manufacturing Loan Approval Date 5/15/2001 Loan Approval Gross Amount $324,000 Loan Approval from the SBA Of the total $324,000 loan amount, the SBA guaranteed $243,000. 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 200 employees. The SBA loan application for the borrower indicated that the loan would help generate 25 new jobs and retain 200 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Union Bank Of California 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: Microlending as a Small Business Funding Source Where to Get an SBA Loan in San Bernardino, California Find an SBA Lender in California
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