Financing for Men's and Boys' Cut and Sew Apparel Contractors

With these loans for men's and boys' cut and sew apparel contractors, the SBA guarantees the lender that the loan will be repaid. This men's and boys' cut and sew apparel contractors loan for $200,000 was given to a California entrepreneur in 2004.

Getting a small business loan in Oceanside, California was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Banco Popular North America, operating out of Downey, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: MEN'S AND BOYS' CUT AND SEW APPAREL CONTRACTORS
OCEANSIDE, CA 92054

SBA Loan Lender

BANCO POPULAR NORTH AMERICA
11101 LA REINA AVE
DOWNEY, CA 90241

This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

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

3/3/2004

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

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 70 employees. This SBA loan request did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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.

Related Links:

Getting a Small Business Loan

Small Bank Loans in Downey, California

California SBA Banks