Entrepreneur Works With Oakland, California Bank to Get an SBA Loan
Get to know Oakland, California banks that specialize in small business loans and know how to work with entrepreneurs. Innovative Bank is one such bank, as evidenced by this SBA loan to Big Indian Smoke.
Finding a small business loan in Tulsa, Oklahoma starts with an understanding of who else has gotten loans in the area. In this case, Big Indian Smoke received funding from Innovative Bank Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
BIG INDIAN SMOKE
4672 N ROCKFORD
TULSA, OK 74126
SBA Loan Lender
INNOVATIVE BANK
360 14TH ST
OAKLAND, CA 94612
This lender issued this SBA loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453991 - Tobacco Stores
Loan Approval Date
9/25/2003
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, Big Indian Smoke, borrowed this money for an existing 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 5 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan to Big Indian Smoke 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 SBA loan database.
Related Links:
Microlending as a Small Business Funding Source
SBA Participating Banks in Oakland, California
Where to Get an SBA Loan 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.