|Sequin City, a manufacturer of embroidered sequined fabrics supplied to the fashion district in New York City, Broadway costume designers, and major American theme received a $225,000 loan under the Small Business Fund which enabled the company to expand into new space in North Bergen.|
The owner of this business wrote Governor Chris Christie to ask for assistance after he was forced out of his leased space by the landlord who had sold the real estate. Lt. Governor Kim Guadagno personally called the business owner to discuss his issues and how the State could assist with his business expansion into a new facility. The business owner was then referred to EDA, who worked diligently to finalize the loan under a very tight timeline. As a result of the financing, Sequin City was able to relocate into new space which, conveniently, was previously owned by an embroidering company and still contains equipment relevant to Sequin City’s operations.