Raising Money for Women, Children, and Infants Clothing and Accessories Merchant Wholesaler
With these bank loans for women, children, and infants clothing and accessories merchant wholesaler, the SBA guarantees the lender that the loan will be repaid. This women, children, and infants clothing and accessories merchant wholesaler loan for $210,000 was given to a New York entrepreneur in 2008.
This company knew how to go about getting a business bank loan. Based in New York, New York, they applied for and were awarded an SBA-guaranteed loan in 2008. The lending bank was Newtek Small Business Finance Inc., based in New York, New York.
SBA Loan Borrower
COMPANY TYPE: WOMEN, CHILDREN, AND INFANTS CLOTHING AND ACCESSORIES MERCHANT WHOLESALER
NEW YORK, NY 10018
SBA Loan Lender
NEWTEK SMALL BUSINESS FINANCE INC.
1440 BROADWAY, 17TH FL.
NEW YORK, NY 10018
This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
424330 - Women, Children, and Infants Clothing and Accessories Merchant Wholesaler
Loan Approval Date
1/31/2008
Loan Approval Gross Amount
$210,000
Loan Approval from the SBA
Of the total $210,000 loan amount, the SBA guaranteed $157,500.
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 50 employees. The SBA loan documents indicated that the loan would help retain 50 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Newtek Small Business Finance Inc. 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.
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