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March 29, 2024  
 
 
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Los Angeles, California Bank Loan

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Cut and Sew Apparel Manufacturing

Looking for SBA loans for cut and sew apparel manufacturing? Talk to a banker who works with the SBA. This $150,000 cut and sew apparel manufacturing loan was issued by a California bank.

Getting a small business loan in Los Angeles, California was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Pacific Enterprise Bank, operating out of Irvine, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: CUT AND SEW APPAREL MANUFACTURING
LOS ANGELES, CA 90061

SBA Loan Lender

PACIFIC ENTERPRISE BANK
17905 MACARTHUR BLVD
IRVINE, CA 92614

This lender issued this business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

315299 - Cut and Sew Apparel Manufacturing

Loan Approval Date

10/17/2007

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 55 employees. The SBA loan documents indicated that the loan would help generate 33 new jobs and retain 22 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Family and Friend Investors - Your First Financiers

SBA 7A Lenders in Irvine, California

SBA Lenders in California