Business Loans for Apparel Accessories and Apparel Manufacturing

With these business loans for apparel accessories and apparel manufacturing, the SBA guarantees the lender that the loan will be repaid. This apparel accessories and apparel manufacturing loan for $250,000 was given to a Florida entrepreneur in 2002.

Y.M. Import & Export, Inc. knew how to go about getting a business bank loan. Based in Miami Beach, Florida, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Ups Capital Business Credit, based in Miami, Florida.

SBA Loan Borrower

Y.M. IMPORT & EXPORT, INC.
1257 ALTON ROAD
MIAMI BEACH, FL 33139

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
1001 BRICKELL BAY DR, STE 181
MIAMI, FL 33131

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2339 - Women's, Misses', and Juniors' Outerwear, N.E.C

NAICS Code

315999 - Other Apparel Accessories and Other Apparel Manufacturing

Loan Approval Date

1/10/2002

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

More Information on This SBA Loan

The borrower, Y.M. Import & Export, Inc., 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 5 employees. This SBA loan request did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees. This loan was paid in full, and was closed out on 7/2/2007.

Great, But How Can I Get an SBA Loan for My Business?

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

This SBA loan was for $250,000. How would you spend $250,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at Y.M. Import & Export, Inc., may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

About This SBA Loan Information:

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

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