Oakland, California Bank Lends Money to Finish It! Construction Co, LLC in Tulsa, Oklahoma
An Oakland, California business loan can be yours. Learn how Finish It! Construction Co, LLC got a $15,000 business loan from this California bank.
This loan to Finish It! Construction Co, LLC is a good example of an SBA loan. Innovative Bank made the loan and the SBA guaranteed a portion of the loan. Many other Oklahoma entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
Finish It! Construction Co, Llc
12324 E. 60Th Street
TULSA, OK 74146
SBA Loan Lender
INNOVATIVE BANK
360 14TH ST
OAKLAND, CA 94612
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA business loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
238110 - Poured Concrete Foundation and Structure Contractors
Loan Approval Date
4/10/2007
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, Finish It! Construction Co, LLC, borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 11 employees. The SBA loan documents indicated that the loan would help generate 25 new jobs and retain 20 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Innovative Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
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