Loan Census Banking News and Information
May 4, 2024  
 
 
  Business Loan Information  
 

We Needed a Small Business Loan in Clovis, California and We Got One!

 

 
Loan Census SBA Loan Info

Men's and Boys' Cut and Sew Apparel Contractors Loans

Looking for loans for men's and boys' cut and sew apparel contractors? The SBA may be the answer. This $117,000 men's and boys' cut and sew apparel contractors loan was issued by a California bank.

This small firm knew how to go about getting a business bank loan. Based in Clovis, California, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Central Valley Community Bank, based in Clovis, California.

SBA Loan Borrower

COMPANY TYPE: MEN'S AND BOYS' CUT AND SEW APPAREL CONTRACTORS
CLOVIS, CA 93611

SBA Loan Lender

CENTRAL VALLEY COMMUNITY BANK
600 POLLASKY AVE
CLOVIS, CA 93612

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.

NAICS Code

315211 - Men's and Boys' Cut and Sew Apparel Contractors

Loan Approval Date

5/16/2002

Loan Approval Gross Amount

$117,000

Loan Approval from the SBA

Of the total $117,000 loan amount, the SBA guaranteed $99,450.

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 25 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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