Freenote Cloth
Freenote Cloth is located in Santa Monica, CA, and the SBA lists its industry as Clothing and Clothing Accessories Merchant Wholesalers. It was approved for an SBA 504 loan ($1,191,000 SBA portion) on July 16, 2026 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Jul 16, 2026 | $1,191,000 | $1,432,250 | $2,914,722 (estimated) | U.S. Bank, National Association | Business Finance Capital | 25 years | 3 | Approved, not yet funded |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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