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November 15, 2024 |
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| Home > Small Business Lenders by State > Alabama Business Loan Sources > Oakland, Business Loans > Innovative Bank Oakland Business Loans > Information Services Loan | ||||
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Oakland Bank Loan
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Oakland, California Lender Lends Money to Information Services CompanyGet SBA loans from an Oakland, California bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Innovative Bank is a Oakland, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Alabama company. SBA Loan Borrower COMPANY TYPE: INFORMATION SERVICES SBA Loan Lender INNOVATIVE BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 514199 - Information Services Loan Approval Date 6/27/2005 Loan Approval Gross Amount $5,000 Loan Approval from the SBA Of the total $5,000 loan amount, the SBA guaranteed $4,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 1 existing job. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Realistic Debt Financing Options Best Oakland, California Banks for Small Business
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