Loan Census Banking News and Information
December 22, 2024  
 
 
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Oakland, California SBA 7A Banks

 

 
Loan Census SBA Loan Info

Oakland, California Bank Lends Money to Florists Company in Midwest City, Oklahoma

Want to talk with an Oakland, California bank about a small business loan? Here's one Oklahoma business loan, issued by an Oakland bank, that was approved by the SBA.

Applying for an SBA loan with Innovative Bank worked out well for our friends at one local firm in Midwest City, Oklahoma. They got an SBA loan for $5,000. Nice!

SBA Loan Borrower

COMPANY TYPE: FLORISTS
MIDWEST CITY, OK 73110

SBA Loan Lender

INNOVATIVE BANK
360 14TH ST
OAKLAND, CA 94612

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453110 - Florists

Loan Approval Date

10/9/2003

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 1 new job and retain 1 existing job.

Getting an SBA Loan For Your Business

If you need business start up money in Midwest City OK, you ought to talk with a local Midwest City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Midwest City businesses.

We can help you find the best banks for small businesses in Midwest City or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Financing Your Business

Best Banks in Oakland, California

California SBA 7A Lenders