G R S - Garment Related Service, Inc.
G R S - Garment Related Service, Inc. is a cut and sew apparel contractor in Los Angeles, California, operating in the NAICS 315210 industry. The company financed real estate or equipment through an SBA 504 loan of $1,146,000, with American Business Bank as the lender and The Mortgage Capital Development Corporation as the certified development company, with approval dated March 24, 2025.
SBA 504 loan, approved Mar 24, 2025
$1,146,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,146,000
- Bank portion
- $1,402,000
- Estimated project size
- $2,831,111 (estimated)
- Estimated owner equity
- $283,111 (estimated, about 10% of the project)
- Bank lender
- American Business Bank, Anaheim, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 24, 2050 (estimated, approval date plus term)
- First disbursement
- Nov 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 315210, Cut and Sew Apparel Contractors
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-43
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Average expansion loan in Cut and Sew Apparel Contractors: $3,178,500.
- Average expansion loan in California: $2,161,468.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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Same industry in California
- Luxephil Inc., Yorba Linda
- Creative Costuming & Designs, Inc, Huntington Beach