NAICS 31311131

SBA Loans for Yarn Spinning Mills

Yarn Spinning Mills are one of the most-funded SBA 7(a) industries. Explore which lenders are actually approving yarn spinning mills loans, what loan sizes they fund, and where activity is concentrated.

Find lenders funding yarn spinning mills

Total loans

all programs

Approved $

$23.6M

last 5 years

Avg loan

$310K

median $145K

Most active lender

Bank of America, National Association

10 loans

Jobs supported

312K

cumulative

Loan size distribution

SBA 7(a) · LAST 12 MONTHS

25%

19.7%

22.4%

9.2%

17.1%

5.3%

1.3%

<$50K

$50–100K

$100–250K

$250–500K

$500K–1M

$1–2M

$2M+

Most common range

$100K – $250K

34% of loans

Median

$145,000

90th percentile

$612,000

YARN SPINNING MILLS-FRIENDLY LENDERS

The 5 lenders that approved 41% of yarn spinning mills SBA loans last year.

Submit your yarn spinning mills profile and we'll prioritize lenders that have already funded similar concept, size, and geography.

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Top lenders for yarn spinning mills

Bank of America, National Association

Bank of Hope

Wells Fargo Bank National Association

Citizens Bank, National Association

National Credit Union Administration

The Huntington National Bank

Top states for yarn spinning mills loans

Loan records · Yarn Spinning Mills

76 records

Sort:

Borrower

Location

Program

Industry

PAOLA YARNS INC Bank of America, National Association

Statesville, NC

28255

$2,415,000

–

7(a)

Yarn Spinning Mills

1994-03-31

Lafayette Textile Industries, LLC CDC Small Business Finance Corp.

Los Angeles, CA

90021

$1,689,000

$34K

504

Yarn Spinning Mills

2010-03-25

INNOVATIVE TEXTILES INC Community Economic Development Company of Colorado

Grand Junction, CO

81503

$1,300,000

$9K

504

Yarn Spinning Mills

2004-02-13

Burlington Technologies, Inc.SBA CLSC Servicing

Gibsonville, NC

27216

$1,152,000

$38K

504

Yarn Spinning Mills

2012-05-16

INDUSTRIAL TEXTILES COMPANY, I UMB Bank, National Association

Castle Rock, CO

80104

$1,050,000

–

7(a)

Yarn Spinning Mills

1993-07-26

JEFFERSON MILLS, INC.Business Loan Center, LLC

Pulaski, VA

24301

$937,500

–

7(a)

Yarn Spinning Mills

1993-04-02

AMFIBE, INC.Bank of America, National Association

Martinsville, VA

24115

$900,000

–

7(a)

Yarn Spinning Mills

1994-06-01

PALMETTO SYNTHETICS Certified Development Corporation of South Carolina

Kingstree, SC

29556

$887,000

$10K

504

Yarn Spinning Mills

2002-02-01

PALMETTO SYNTHETICS Certified Development Corporation of South Carolina

Kingstree, SC

29556

$869,000

$10K

504

Yarn Spinning Mills

2002-03-20

CARLOS KNITTING MILL LLC Bank of Hope

Vernon, CA

90023

$800,000

$27K

7(a)

Yarn Spinning Mills

2004-08-18

GLB KNITTING MILLS INC GE Capital Small Business Finance Corporation

Brooklyn (Borough Of New York), NY

11237

$734,500

$52K

7(a)

Yarn Spinning Mills

2002-07-17

WARP DEVELOPMENT COMPANY Carolina Business Capital, Inc.

Monroe, NC

28111

$712,000

$34K

504

Yarn Spinning Mills

1999-06-09

American Cord & Webbing Co. Inc.Ocean State Business Development Authority

Woonsocket, RI

$636,000

$64K

504

Yarn Spinning Mills

2010-09-29

PAUL AMERICA Bank of Hope

Los Angeles, CA

90058

$630,000

–

7(a)

Yarn Spinning Mills

1998-05-20

PAUL AMERICA Bank of Hope

Los Angeles, CA

90058

$630,000

–

7(a)

Yarn Spinning Mills

1998-05-21

HARDWICK CARPETS INTERNATIONAL Bank of America, National Association

Dalton, GA

30722

$600,000

–

7(a)

Yarn Spinning Mills

1993-07-15

JEFFERSON MILLS, INC.Business Loan Center, LLC

Pulaski, VA

24301

$588,000

–

7(a)

Yarn Spinning Mills

1993-04-02

CARLOS KNITTING MILL LLC Bank of Hope

Vernon, CA

90023

$500,000

$17K

7(a)

Yarn Spinning Mills

2004-09-01

FFY TEXTILE SUPPLY CO., INC.Business Development Corporation of South Carolina

Greenville, SC

29221

$485,000

–

7(a)

Yarn Spinning Mills

1993-11-09

INNOVATIVE YARNS, INC.Truist Bank

Martinsville, VA

24112

$450,000

–

7(a)

Yarn Spinning Mills

1996-09-20

PORTA TEXTILES, INC.Transamerica Small Business Capital, Inc.

Cowpens, SC

29330

$450,000

–

7(a)

Yarn Spinning Mills

1996-06-28

CONSHOHOCKEN COTTON COMPANY Wells Fargo Bank National Association

Conshohocken, PA

19428

$325,000

–

7(a)

Yarn Spinning Mills

1991-04-03

BOB COSTA ENTERPRISES Manufacturers and Traders Trust Company

Los Angeles, CA

90041

$322,000

–

7(a)

Yarn Spinning Mills

1991-01-07

HANA TEXTILE INC Wells Fargo Bank National Association

Vernon, CA

90058

$250,000

$25K

7(a)

Yarn Spinning Mills

2005-09-06

LONESOME STONE United Business Bank

Tabernash, CO

80467

$250,000

$50K

7(a)

Yarn Spinning Mills

2004-03-04

PAOLA YARNS INC

Statesville, NC · 28255

$2,415,000

7(a)

Bank of America, National Association1994-03-31

Lafayette Textile Industries, LLC

Los Angeles, CA · 90021

$1,689,000

504

CDC Small Business Finance Corp.$34K/job · 2010-03-25

INNOVATIVE TEXTILES INC

Grand Junction, CO · 81503

$1,300,000

504

Community Economic Development Company of Colorado$9K/job · 2004-02-13

Burlington Technologies, Inc.

Gibsonville, NC · 27216

$1,152,000

504

SBA CLSC Servicing$38K/job · 2012-05-16

INDUSTRIAL TEXTILES COMPANY, I

Castle Rock, CO · 80104

$1,050,000

7(a)

UMB Bank, National Association1993-07-26

JEFFERSON MILLS, INC.

Pulaski, VA · 24301

$937,500

7(a)

Business Loan Center, LLC1993-04-02

AMFIBE, INC.

Martinsville, VA · 24115

$900,000

7(a)

Bank of America, National Association1994-06-01

PALMETTO SYNTHETICS

Kingstree, SC · 29556

$887,000

504

Certified Development Corporation of South Carolina$10K/job · 2002-02-01

PALMETTO SYNTHETICS

Kingstree, SC · 29556

$869,000

504

Certified Development Corporation of South Carolina$10K/job · 2002-03-20

CARLOS KNITTING MILL LLC

Vernon, CA · 90023

$800,000

7(a)

Bank of Hope$27K/job · 2004-08-18

GLB KNITTING MILLS INC

Brooklyn (Borough Of New York), NY · 11237

$734,500

7(a)

GE Capital Small Business Finance Corporation$52K/job · 2002-07-17

WARP DEVELOPMENT COMPANY

Monroe, NC · 28111

$712,000

504

Carolina Business Capital, Inc.$34K/job · 1999-06-09

American Cord & Webbing Co. Inc.

Woonsocket, RI

$636,000

504

Ocean State Business Development Authority$64K/job · 2010-09-29

PAUL AMERICA

Los Angeles, CA · 90058

$630,000

7(a)

Bank of Hope1998-05-20

PAUL AMERICA

Los Angeles, CA · 90058

$630,000

7(a)

Bank of Hope1998-05-21

HARDWICK CARPETS INTERNATIONAL

Dalton, GA · 30722

$600,000

7(a)

Bank of America, National Association1993-07-15

JEFFERSON MILLS, INC.

Pulaski, VA · 24301

$588,000

7(a)

Business Loan Center, LLC1993-04-02

CARLOS KNITTING MILL LLC

Vernon, CA · 90023

$500,000

7(a)

Bank of Hope$17K/job · 2004-09-01

FFY TEXTILE SUPPLY CO., INC.

Greenville, SC · 29221

$485,000

7(a)

Business Development Corporation of South Carolina1993-11-09

INNOVATIVE YARNS, INC.

Martinsville, VA · 24112

$450,000

7(a)

Truist Bank1996-09-20

Transamerica Small Business Capital, Inc.1996-06-28

CONSHOHOCKEN COTTON COMPANY

Conshohocken, PA · 19428

$325,000

7(a)

Wells Fargo Bank National Association1991-04-03

BOB COSTA ENTERPRISES

Los Angeles, CA · 90041

$322,000

7(a)

Manufacturers and Traders Trust Company1991-01-07

Wells Fargo Bank National Association$25K/job · 2005-09-06

LONESOME STONE

Tabernash, CO · 80467

$250,000

7(a)

United Business Bank$50K/job · 2004-03-04

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