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DE
Newark
First Class Formalwear, LLC
SBA 7(a)
Current
First Class Formalwear, LLC
Newark, DE
Beacon Bank and Trust
Formal Wear and Costume Rental · NAICS 532281
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APPROVAL AMOUNT
$513,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-09-02
10.25% rate
JOBS SUPPORTED
10
Borrower-reported
Loan details & location
LOCATION
Newark, DE 19711
INDUSTRY
Formal Wear and Costume Rental · NAICS 532281
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.25%
LOAN STATUS
Current
Newark, DE 19711
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