Entrepreneur Works With Oakland, California Bank to Get an SBA Loan
Get SBA loans from an Oakland, California bank that knows how to treat small business owners right! If Rudge Wood Flooring Inc 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 Rudge Wood Flooring Inc a Florida company.
SBA Loan Borrower
RUDGE WOOD FLOORING INC
1501 NW 54TH STREET
MIAMI, FL 33142
SBA Loan Lender
INNOVATIVE BANK
360 14TH ST
OAKLAND, CA 94612
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide commercial loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
233210 - Single Family Housing Construction
Loan Approval Date
12/19/2003
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $8,500.
More Information on This SBA Loan
The borrower, Rudge Wood Flooring Inc, borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 5 employees. The SBA loan documents indicated that the loan would help generate 20 new jobs and retain 5 existing jobs.
Getting an SBA Loan For Your Business
If you are working on finding money to start a business in Miami FL, you ought to talk with a local Miami SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Miami businesses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Innovative Bank and they will explain how you can get an SBA loan for your company.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Obtaining Funding - How to Decide How Much to Raise
Where to Get an SBA Loan in Oakland, California
SBA California Lenders
If you are an ambitious entrepreneur or an aspiring executive
looking to get involved with a startup, please take the time to
learn more about Gaebler Ventures.