Interior Design Services Small Business Loans
Looking for small business loans for interior design services? The SBA may be the answer. This $20,000 interior design services loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Upper Marlboro, Maryland was able to borrow $20,000 from Innovative Bank. The SBA made the loan possible by guaranteeing $17,000 of this Maryland small business loan.
SBA Loan Borrower
COMPANY TYPE: INTERIOR DESIGN SERVICES
UPPER MARLBORO, MD 20772
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 bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541410 - Interior Design Services
Loan Approval Date
7/27/2007
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $17,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 4 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $20,000 loan. Remember, things become real when you believe you can achieve them!
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:
Equity Financing
SBA 7A Banks in Oakland, California
SBA Participating Banks in California