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May 2, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Los Angeles, Business Loans > National Bank Of California Los Angeles Business Loans > Cut And Sew Apparel Manufacturing Loan | ||||
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I Need an SBA 7A Loan in Encino, California
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SBA Loans for Cut and Sew Apparel ManufacturingLooking for SBA loans for cut and sew apparel manufacturing? The SBA may be the answer. This $716,000 cut and sew apparel manufacturing loan was issued by a California bank. This small business knew how to go about getting a business bank loan. Based in Encino, California, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was National Bank Of California, based in Los Angeles, California. SBA Loan Borrower COMPANY TYPE: CUT AND SEW APPAREL MANUFACTURING SBA Loan Lender NATIONAL 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 315299 - Cut and Sew Apparel Manufacturing Loan Approval Date 8/29/2001 Loan Approval Gross Amount $716,000 Loan Approval from the SBA Of the total $716,000 loan amount, the SBA guaranteed $537,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 23 employees. This SBA loan request indicated that the loan would help retain 23 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 National 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: SBA Approved Banks in Los Angeles, California
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