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May 5, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Wilmington, Business Loans > Lehman Brothers Bank, Fsb Wilmington Business Loans > Apparel Accessories And Other Apparel Manufacturing Loan | ||||
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Examples of Pompano Beach SBA Loans
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Business Loans for Apparel Accessories and Other Apparel ManufacturingLooking for business loans for apparel accessories and other apparel manufacturing? The SBA may be the answer. This $311,900 apparel accessories and other apparel manufacturing loan was issued by a Delaware bank. This small business knew how to go about getting a business bank loan. Based in Pompano Beach, Florida, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Lehman Brothers Bank, Fsb, based in Wilmington, Delaware. SBA Loan Borrower COMPANY TYPE: APPAREL ACCESSORIES AND OTHER APPAREL MANUFACTURING SBA Loan Lender LEHMAN BROTHERS BANK, FSB This SBA small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 315999 - Apparel Accessories and Other Apparel Manufacturing Loan Approval Date 4/13/2005 Loan Approval Gross Amount $311,900 Loan Approval from the SBA Of the total $311,900 loan amount, the SBA guaranteed $155,950. 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 9 employees. The SBA loan application for the borrower indicated that the loan would help retain 9 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Lehman Brothers Bank, Fsb 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: Small Business Banks in Wilmington, Delaware
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