Oakland, California Bank Gives SBA Loan to Plethora Bijoux Artisans
Want to talk with an Oakland, California bank about a business loan? Here's one Oklahoma business loan, issued by an Oakland bank, that was approved by the SBA.
Applying for an SBA loan with Innovative Bank worked out well for our friends at Plethora Bijoux Artisans in Tulsa, Oklahoma. The business was able to get an SBA loan for $10,000. Sweet!
SBA Loan Borrower
PLETHORA BIJOUX ARTISANS
5968 SOUTH YALE AVE
TULSA, OK 74136
SBA Loan Lender
INNOVATIVE BANK
360 14TH ST
OAKLAND, CA 94612
This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
235990 - All Other Special Trade Contractors
Loan Approval Date
12/2/2005
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, Plethora Bijoux Artisans, 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 4 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 4 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.
We can help you find the best banks for small businesses in Tulsa or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Banking Deregulation's Effects on Entrepreneurship
SBA 7A Banks for Oakland, California Loans
SBA Lenders in California
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