First Class Formalwear, LLC
First Class Formalwear, LLC is located in Newark, DE, and the SBA lists its industry as Formal Wear and Costume Rental. It was approved for an SBA 7(a) loan of $513,000 for a change of ownership on September 2, 2025.
- Business type
- Corporation
- Business age reported
- Change of Ownership
SBA 7(a) loans, change of ownership
| Approved | Gross approval | SBA-guaranteed | Lender | Term | Rate | Jobs supported | Status |
|---|---|---|---|---|---|---|---|
| Sep 2, 2025 | $513,000 | $384,750 | Beacon Bank and Trust | 10 years | 10.25% variable | 10 | Status not reported (SBA exemption) |
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