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| Entrepreneur Resources | Innovative Bank Oakland Business Loans | ||||
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Business Loans for Newport News Small Businesses
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Store Retailers Small Business LoansLooking for small business loans for store retailers? Talk to a banker who works with the SBA. This $15,000 store retailers loan was issued by a California bank.
Getting a small business loan in Newport News, Virginia was important for Help-U-Sell Dvs Realty Inc back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Innovative Bank, operating out of Oakland, California. Here are the details on this Virginia small business loan. SBA Loan Borrower HELP-U-SELL DVS REALTY INC SBA Loan Lender INNOVATIVE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453998 - All Other Miscellaneous Store Retailers (except Tobacco Stores) Loan Approval Date 4/5/2006 Loan Approval Gross Amount $15,000 Loan Approval from the SBA Of the total $15,000 loan amount, the SBA guaranteed $12,750. More Information on This SBA Loan The borrower, Help-U-Sell Dvs Realty Inc, borrowed this money for a new business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as Help-U-Sell Dvs Realty Inc walked into Innovative Bank and applied for an SBA loan, you have to do the same thing. The sooner you start, the faster you'll get the money! About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: SBA 7A Banks in Oakland, California Browse All Business Loan Sources for California 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.
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