Women's, Children's, and Infants' Clothing and Accessories Wholesalers Bank Loans

With these bank loans for women's, children's, and infants' clothing and accessories wholesalers, the SBA guarantees the lender that the loan will be repaid. This women's, children's, and infants' clothing and accessories wholesalers loan for $50,000 was given to a Florida entrepreneur in 2003.

Anewgo Trading Inc received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Citibank, out of Miami, Florida. The loan was granted and they received $50,000 to help grow their Miami, Florida business.

SBA Loan Borrower

ANEWGO TRADING INC
777 NORTHWEST 72ND AVENUE #1
MIAMI, FL 33126

SBA Loan Lender

CITIBANK
8750 DORAL BLVD, 7TH FL
MIAMI, FL 33178

This 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

422330 - Women's, Children's, and Infants' Clothing and Accessories Wholesalers

Loan Approval Date

10/3/2003

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower, Anewgo Trading Inc, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 5 existing jobs. This loan was paid in full, and was closed out on 4/23/2006.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this Anewgo Trading Inc loan from Citibank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

The Friends and Family Network

Best Miami, Florida Banks for Small Business

Browse All Business Loan Sources for Florida

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